in5points
FinanceReuters

Short sellers rack up $8.7 bln profit as SpaceX slips below IPO price -Ortex

in5points
  1. Short sellers targeting SpaceX shares have an estimated $8.7 billion in paper profit since its IPO.

  2. SpaceX stock slipped below its IPO price, according to Ortex Technologies data.

  3. The short seller profit is based on data from the analytics firm Ortex Technologies.

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