SpaceX short sellers earn $8.7 billion gains as shares dip below IPO price

​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 last month, as its stock slipped below the IPO price, according to data and analytics firm Ortex Technologies.Short sellers, who borrow ‌shares ...

First seen 4h ago · latest update 4h ago · India · tech