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Traders bet against SpaceX following IPO debut as short interest hits 29% of float
Summary by Crypto Briefing
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2 Articles
More and more stock traders are betting on a further decline in SpaceX shares, less than a month after Elon Musk's rocket and AI company went public in New York with the largest IPO ever. The British business newspaper Financial Times reported this on Saturday.
·Amsterdam, Netherlands (Kingdom of the)
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Traders bet against SpaceX following IPO debut as short interest hits 29% of float
SpaceX short interest surged to 29% of float after its $75 billion IPO, with $25 billion in bearish bets as traders question the $2 trillion valuation. The post Traders bet against SpaceX following IPO debut as short interest hits 29% of float appeared first on Crypto Briefing.
Coverage Details
Total News Sources2
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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