{"id":2401,"date":"2026-07-17T17:37:47","date_gmt":"2026-07-17T17:37:47","guid":{"rendered":"https:\/\/americanhomejournals.com\/?p=2401"},"modified":"2026-07-17T17:37:47","modified_gmt":"2026-07-17T17:37:47","slug":"spacex-short-sellers-are-up-5-billion-as-the-stock-sinks-on-fading-ipo-hype","status":"publish","type":"post","link":"https:\/\/americanhomejournals.com\/?p=2401","title":{"rendered":"SpaceX short sellers are up $5 billion as the stock sinks on fading IPO hype"},"content":{"rendered":"
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It looked like SpaceX’s IPO would take investors to infinity and beyond. But right now, short sellers are the biggest winners.<\/p>

Read more Tesla\u2019s newest set of wheels is a $225 bike for toddlers<\/a><\/p>

Investors who bet against the stock are sitting on about $5 billion in paper profits after SpaceX’s record-breaking public offering gave way to a major share price slide, according to data from S3 Partners.<\/p>

SpaceX stock surged in the aftermath of the company’s $86 billion IPO, with the rocket maker’s market cap briefly surpassing Amazon to become the world’s fifth-most valuable company.<\/p>

Since then, however, SpaceX has lost around $1 trillion in valuefrom its peak, despite a series of bullish price targets from analysts and major banks.<\/p>

On Wednesday, SpaceX’s shares briefly fell beneath the IPO’s $135 offering price for the first time.<\/p>

Shares fell again on Thursday, and the stock opened at around $127 on Friday after SpaceX called off a planned test of its Starship mega-rocket.<\/p>

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