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SpaceX Stock Drops Below IPO Price as Short Sellers Pile On

Short sellers now hold nearly 30% of the float and are sitting on $8.7 billion in paper profits amid rising lockup concerns. SpaceX’s 13th Starship test flight was aborted moments before liftoff due to engine issues.

SpaceX Stock Drops Below IPO Price as Short Sellers Pile On
"Starship’s 13th flight test." Credit: SpaceX/X
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