SpaceX short interest surged to 29% of float after its $75 billion IPO, with $25 billion in bearish bets as traders question the $2 trillion valuation.

NEW YORK, July 16 : Short sellers targeting SpaceX shares are sitting on an estimated $8.7 billion in paper profit since the rockets-to-AI firm's initial public offering, as its…

About 185 million SpaceX shares are now sold short, representing roughly 29% of the company's publicly tradable float, according to S3.