Short sellers have sharply increased their bearish positions on SpaceX, with nearly one-third of the company's tradable shares now sold short, even as those positions have generated significant paper losses following the stock's recent rebound.
According to data from Ortex, short interest in SpaceX has climbed to around 196 million shares, representing approximately 31% of the company's free float as of Tuesday. Just a week earlier, short interest stood at about 83 million shares, or roughly 13% of the free float, highlighting a rapid increase in bearish wagers since the company's June 12 market debut.
