Categories: Technology

Short sellers rack up $8.7 billion profit as SpaceX slips below IPO price -Ortex

NEW YORK, July 16 (Reuters) – Short sellers targeting SpaceX shares are sitting on an estimated $8.7 billion in paper profit since the rockets-to-AI firm's initial public offering,…

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Published: July 16, 2026 19:51:06 IST

NEW YORK, July 16 (Reuters) – Short sellers targeting SpaceX shares are sitting on an estimated $8.7 billion in paper profit since the rockets-to-AI firm's initial public offering, as its stock

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: July 16, 2026 19:51:06 IST

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