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.
Also Read: SpaceX Stock Hits All-Time Low After 50% Crash: Is This the Bottom or the Beginning?
What Could Trigger A SpaceX Short Squeeze
A SpaceX short squeeze turns real once the SpaceX stock shorted trade starts working against the sellers, forcing them to buy back shares because costs spike, losses pile up, or a catalyst kills the bearish case. The first earnings report as a public company, due after markets close on August 4, could easily be that catalyst. Musk addressed the standoff directly on X last week, and his message was blunt.
Elon Musk said:
“a significant short position in SpaceX over time is very low.”
He was replying to a user who had questioned the logic of betting against SpaceX. The exchange spread fast among traders watching the SpaceX short squeeze setup develop.
SpaceX Stock Prediction Ahead Of Earnings
The SpaceX stock shorted trade shows up clearly in the price action too. Shares have fallen nearly 45% from their $225.64 peak, hit $119.85 Monday, then rose about 3% Tuesday to close at $123.46, snapping a seven session losing streak. The stock priced at $135 in June. Revenue over the trailing 12 months reached about $19 billion, up 33% year over year, though the company carries a valuation near $1.48 trillion and trades above 80 times sales while still losing billions a year. Any SpaceX stock prediction right now has to account for lock-up expirations after earnings, since those should expand the float and ease some pressure on short sellers. The SpaceX stock shorted story ties directly into what happens to that float once lock-ups start expiring.
So, can SpaceX stock be shorted profitably, and is it worth the risk right now? That depends mostly on August 4. The report will show whether the SpaceX short squeeze talk turns into a real squeeze, or fades as lock-ups release more shares into the market. For now, the SpaceX stock shorted trade remains one of the largest bearish bets out there, and any stock prediction before August 4 comes with a wide margin of error.