Data from S3 Partners reveals that those betting against SpaceX have accumulated $5 billion (approximately ₹48,000 crore) in unrealized gains after the stock's recent sharp fall. The company's shares fell 5.4% on Friday, leading to a loss of more than $1 trillion in market capitalization from its highest point, triggered by a cancelled Starship launch. Currently, the total value of short positions against the firm has climbed to $25 billion.

by shortkt.com✓

5 hours ago