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Today's Brief/Monday, 20 July 2026/๐Ÿ“ˆ Stocks & Economy
๐Ÿ“ˆ Stocks & Economy๐ŸŒ Global

SpaceX Short Sellers Are Betting Big Against Elon Musk's Rocket Company

CNBCยทMonday, 20 July 2026
SpaceX Short Sellers Are Betting Big Against Elon Musk's Rocket Company

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 near its IPO price. Short sellers are essentially betting the stock will fall further.

Why It Matters

SpaceX is one of the most high-profile public listings in recent memory, and heavy short-selling on a stock this visible signals that sophisticated investors have serious doubts about its near-term value.

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