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Short sellers are piling into SpaceX even as Elon Musk promises them pain

7/22/2026

Short interest in SpaceX now stands at approximately 206 million shares, equal to roughly 32% of the company's publicly tradable float, according to S3. That is a large bearish bet by any measure.

The complication at the center of it is Elon Musk, who has warned publicly that short sellers will not survive.

What 32% of float actually means Short interest at 32% of publicly tradable float is not a passive expression of caution.

It means that nearly a third of the shares available to trade have been borrowed and sold by investors who expect the price to fall.