SpaceX Short-Sellers Hit $3.88B in Unrealized Gains as Stock Falls Over Four Sessions

SPCX-0.61%
According to S3 Partners data, short-sellers have amassed unrealized gains of approximately $3.88 billion as SpaceX stock has declined over the past four trading sessions. The stock has fallen to around $135 per share, approaching its IPO pricing level. Currently, approximately 181 million shares are held short, representing roughly 28% of tradeable outstanding shares. S3 Partners analyst Ihor Dusaniwsky noted that this short interest level is relatively high for a newly listed company in its first month of trading.
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