SpaceX Short Sellers Face Potential Squeeze as Paper Profits Reach Billions

Yahoo Finance reports that the initial public offering for SPCX has shifted from a frenzy of scarcity to a crowded bearish trade. While the stock has lost nearly half its value since peaking at $225.64, short sellers now hold an estimated $15.5 billion in paper profits. This aggr

Yahoo Finance reports that the initial public offering for SPCX has shifted from a frenzy of scarcity to a crowded bearish trade. While the stock has lost nearly half its value since peaking at $225.64, short sellers now hold an estimated $15.5 billion in paper profits. This aggr