Short sellers load up against SpaceX as stock retreats back to IPO price Short interest in SpaceX has surged in recent weeks, with about 29% of the company's publicly tradable shares now sold short.
According to data from S3 Partners, the value of these bearish bets totals around $25 billion.
This surge in short selling is not surprising given SpaceX's struggles to gain traction since its initial public offering (IPO) in April.