After SpaceX shares fell following their debut trading session, investors have increased short selling bets on the company's stock. This was reported by Qazaqyia.kz citing Reuters.
The rise in short selling bets reflects market skepticism about SpaceX's future performance. Despite a high initial price, the shares declined in subsequent trading sessions, indicating investor uncertainty about the company's long-term prospects.
Full details on SpaceX's financials and market conditions have not yet been released. However, the increase in short selling could put additional pressure on the company's shares.