CNBC·3 min read·medium

Bets against SpaceX grow to 32% of float as Elon Musk warns short sellers won't survive

Y
Yun Li
Bets against SpaceX grow to 32% of float as Elon Musk warns short sellers won't survive
AI Summary

Short interest in SpaceX has surged to 32% of its float as investors bet against the company ahead of its first public earnings report. Elon Musk has publicly dismissed these investors, warning that betting against the company's long-term vision is a losing strategy.

Elon Musk warned that investors betting against SpaceX have little chance of survival — even as short sellers boosted their wagers against the company to about one-third of its publicly tradable shares ahead of several key catalysts.

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