Hedge Funds Approach Jefferies to Short SpaceX Following IPO Underwriting Exclusion

SPCX-4.45%
According to Jin10, hedge funds have contacted Jefferies seeking to arrange short positions in SpaceX following its IPO. As the largest U.S. investment bank excluded from SpaceX's underwriter roster of 23 firms, Jefferies is positioned to facilitate these trades for investors betting against the company's stock price.
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