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SpaceX faces mechanical buying pressure as stock loses momentum after IPO
SpaceX stock slides 25% from its $225.64 peak as short sellers face billions in mechanical buying pressure from passive index flows after its June IPO.
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cnbc.com
SpaceX seeing some interest from short sellers, but many still afraid to bet against Musk
About 40 million SpaceX shares are sold short, roughly 5% to 7% of the shares that are publicly available to trade, according to an estimate by S3 Partners.
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m.economictimes.com
SpaceX shares eke out a gain to snap three day losing streak
SpaceX shares rebounded Tuesday, halting a three-day slump that saw over $600 billion vanish from its valuation. The stock climbed significantly after a brief dip below its IPO…
