Can SpaceX Stock Be Shorted? Elon Musk Warns Bears Face a Massive Squeeze Risk

Can SpaceX stock be shorted? Yes, and right now it is drawing far more attention than most people expected a month ago, with shares trading around $112.20, down about 0.31% on the day. SpaceX stock shorted positions have surged, since SPCX trades publicly and traders can short it like any other listed stock, with SpaceX short interest climbing toward a third of the tradable float and a SpaceX short squeeze scenario building ahead of the company’s first earnings report on August 4.

SpaceX Stock Shorted As Bears Face Short Squeeze Risk

Short sellers have built up a roughly $25 billion wager against SpaceX at the time of writing. The SpaceX stock shorted trade has turned into one of the more crowded bets on Wall Street this summer.

SpaceX Short Interest Climbs Fast

SpaceX short interest, or the SpaceX stock shorted trade in everyday terms, jumped from about 40 million shares a month ago to 206 million now. That pushed short bets to roughly 32% of the tradable float. The float itself stays thin, at only about 640 million shares out of more than 13 billion outstanding, since lock-up rules still keep most insider and employee shares off the market after June’s IPO.

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