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Technology@lemmy.worldEnglish · 16 hours ago

SpaceX Stock Slips Below IPO Price as Short Sellers Profit $15.5B

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SpaceX Stock Slips Below IPO Price as Short Sellers Profit $15.5B

stermy4u@lemmy.world to

Technology@lemmy.worldEnglish · 16 hours ago

SpaceX stock falls below its $135 IPO price to $115.26, giving short sellers $15.5 billion in paper profits as traders double down on bearish market bets.

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ColeSloth@discuss.tchncs.de
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8 hours ago
I would have loved to short this stock, but Tesla’s idiotic valuation and stock price made me nervous about it.

Watching the big slide over the past month has been pretty funny, though.

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