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Short sellers notch $8.7 bln profit as SpaceX shares dip to IPO price

SpaceX shares have fallen to their IPO price, resulting in $8.7 billion in profits for short sellers as market performance trails other 2026 debuts.

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Coverage (9)

The story so far

SpaceX stock has closed below its initial public offering price for the first time since the company went public. This decline has triggered significant gains for short sellers, who have realized $8.7 billion in profit as the shares continue to slip.

Coverage from Reuters, NBC News, The Wall Street Journal, Yahoo Finance, and Futurism emphasizes the stock's underperformance compared to other major debuts in 2026. Reports note the downward trajectory of the share price alongside ongoing market commentary regarding the company's valuation.

Observers are monitoring the stock as a scheduled test flight for Starship approaches. Coverage does not yet specify how the upcoming test flight may influence future market performance or investor sentiment.

Synthesized by headlinez.news from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 45d ago.

The obvious questions

What is the current status of SpaceX shares?

SpaceX shares have dipped to their IPO price, marking the first time the stock has closed below that level since going public.

How have short sellers been affected by the stock's performance?

Short sellers have realized $8.7 billion in profit due to the decline in SpaceX share prices.

What upcoming event is noted by financial coverage?

Wall Street is watching the stock as the company prepares for a Starship test flight.

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