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Barchart
Barchart
Aditya Raghunath

Surging Short Interest in SpaceX Stock Sends Strong Signal to Wall Street

SpaceX SP SPCX Elon Musk Meta S3 Tesla Inc. Yahoo Finance

Wall Street is placing a big bet against SpaceX (SPCX), and the size of that bet might surprise long-term bulls. In the weeks leading up to the company's first earnings report as a public company, traders have piled into bearish positions at a pace that now dwarfs the short bets against Tesla (TSLA), the other major public company run by Elon Musk.

Notably, two events are converging in early August, and both could shake up the stock in a big way.

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