SpaceX stock falls below its $135 IPO price to $115.26, giving short sellers $15.5 billion in paper profits as traders double down on bearish market bets.
  • PattyMcB@lemmy.worldEnglish
    2·
    8 days ago

    I mean… short selling requires a buyback at a set price… it’s one of the few guarantees there are in the stock market.

    Granted the value isn’t guaranteed to go down, just the buyback and price