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Today's Brief/Sunday, 19 July 2026/๐Ÿ“ˆ Stocks & Economy
๐Ÿ“ˆ Stocks & Economy๐ŸŒ Global

SpaceX Short Sellers Pile In as Stock Slips Below IPO Price

CNBCยทSunday, 19 July 2026
SpaceX Short Sellers Pile In as Stock Slips Below IPO Price

About 185 million SpaceX shares are now sold short, representing roughly 29% of the company's publicly tradable float, according to data firm S3. The stock has dropped back to its IPO price after an initial surge.

Why It Matters

SpaceX's stock performance is a bellwether for how markets value high-growth, high-risk tech. Its stumble could signal broader caution toward richly valued space and defence tech stocks.

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