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Short sellers load up against SpaceX as stock retreats back to IPO price
The recent rise in short-selling against SpaceX indicates significant investor skepticism, as about 185 million shares, or 29% of the publicly traded float, are now sold short. The stock, which has fallen drastically from its IPO price, trading around $136, has prompted this bearish sentiment. Matthew Unterman from S3 Partners noted the increased demand for short positions as investors react to the stock's poor performance since its debut.
MonitorConfidence: HighShort term horizon
Published 16 Jul 2026, 15:55 UTC1 min read
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Summary
TL;DR
- Short selling against SpaceX has surged to nearly one-third of public float.
- 185 million shares are currently sold short, valued at about $25 billion.
- The stock price has dropped approximately 20% in July.
- SpaceX shares briefly fell below the IPO price of $135.
- Investor sentiment appears increasingly bearish toward SpaceX's future.
Interesting facts
- Short positions have increased from around 40 million shares just three weeks prior.
- Despite a strong IPO debut, SpaceX's stock has struggled in the subsequent months.
- Matthew Unterman, head of research at S3, commented on the speculative nature of the current short-selling trends.