SpaceX IPO fallout: Starship reuse optimism collides with post-listing slump as short sellers pile in
SpaceX’s record-setting IPO has quickly turned volatile—peaking on its third day and down roughly 15% since—while short sellers now hold nearly a third of tradable shares, with paper losses approaching three-quarters of a billion dollars. The filing also points to asteroid mining as a long-term upside, as a Delaware judge moves a private-share dispute to arbitration.