Short sellers have dramatically increased their bets against SpaceX, with nearly a third of its tradable shares now sold short. Despite initial paper profits, a recent stock rebound has led to substantial losses for these bearish investors. This surge in short interest, unusual for a new public company, could fuel further volatility and potentially trigger a short-covering rally as investors rush to limit their mounting losses.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets