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Short sellers notch $8.7 bln profit as SpaceX shares dip to IPO price

Short sellers have realized $8.7 billion in profits as SpaceX shares decline toward their IPO price.

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The brief

SpaceX shares are experiencing a downward trend, with stock prices falling below $135. This decline has allowed short sellers to secure significant profits as the stock dips back to its initial public offering price.

Coverage from Reuters, Yahoo Finance, MarketWatch, and Futurism emphasizes the scale of the short-seller gains and draws comparisons to Meta's post-IPO performance. Analysis is currently focusing on Wall Street's reaction to these price movements.

Market attention is now directed toward the upcoming Starship test flight and predictions regarding SpaceX's trajectory through the end of 2026.

Synthesized by Archynetys from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 4m ago.

Quick answers

How much have short sellers profited?

According to Reuters, short sellers have notched $8.7 billion in profit.

What price point is being highlighted in the stock's decline?

MarketWatch notes the stock has fallen below $135.

What upcoming event is mentioned in relation to the stock's performance?

Yahoo Finance notes that Starship is set for a test flight.

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