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Never Bet Against Elon
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1 Articles
Never Bet Against Elon
Maybe it will all collapse, finally.About 30 per cent of the roughly 640mn SpaceX shares available to trade have been borrowed to sell short, up 10 percentage points over the past 10 days, highlighting how traders are becoming increasingly sceptical of the company’s market prospects.“Investor enthusiasm for SpaceX seems to have cooled,” said Dec Mullarkey, managing director of SLC Management. The company’s equities and bonds are suddenly “pricin…
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