Short sellers have made $8.7B as SpaceX shares fell back to their $135 IPO price, with short interest surging to 28% of the float.

SpaceX stock has fallen for three consecutive days, sliding back near its $135 IPO price after erasing over $600 billion in market value since its

SpaceX stock fell below its IPO price after a sharp rally. Here's why the shares dropped, what analysts say, and what it means for investors.