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Today's Brief/Friday, 17 July 2026/๐Ÿ“ˆ Stocks & Economy
๐Ÿ“ˆ Stocks & Economy๐ŸŒ Global

SpaceX Stock Below IPO Price With 29% of Float Now Sold Short

CNBCยทFriday, 17 July 2026
SpaceX Stock Below IPO Price With 29% of Float Now Sold Short

Short sellers have loaded up against SpaceX, with about 185 million shares now sold short โ€” roughly 29% of the company's publicly tradable stock, according to S3. The stock has dropped below its IPO price. A canceled Starship test flight added to the negative sentiment on Friday.

Why It Matters

SpaceX is one of the most talked-about stocks among Indian retail investors who access US markets. Its slide below IPO price is a reminder that high-profile listings carry real risk.

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