
Elon Musk sends first warning to SpaceX short sellers
In a pointed message on X, Elon Musk warned that firms maintaining significant short positions in SpaceX over time face “very low” survival probability.
Quick take
Read original at Teslarati Elon Musk warned firms with significant short positions in SpaceX that their survival probability is very low. This comes amid post-IPO volatility for the company, which has seen its stock fall roughly 30% from its peak. Musk has long been critical of short sellers, viewing them as betting against innovation.
Summarised by netranta from Teslarati. Open the original for the full story.
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