Earlier quoted context omitted.
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it's so weird and kinda disturbing how many people really believe that was a Nazi salute. It's so easy shape public opinion with media and algorithms. Same thing happening with "datacenters will destory the world because of their water use" BS
SPCX is now Wall Street's most shorted new stock
51–60 of 134 posts
Re: SPCX is now Wall Street's most shorted new stock
#52Earlier quoted context omitted.
That's exactly the point. The clickbait title wants you to forget that fact and draw an incorrect conclusion. It could have also been, "SPCX is the most purchased new stock", but that wouldn't have fed the desired narrative.
You're conflating two things though. Shares are being borrowed to sell in this instance, referred to as short-selling. These shares can theoretically be borrowed multiple times over to sell (ex. Gamestop fiasco). This is not current owners of the shares selling to new buyers, they are selling already-owned shares of SPCX.
Re: SPCX is now Wall Street's most shorted new stock
#53SpaceX stock erases all its gains and slides below IPO price in intraday trading
https://news.ycombinator.com/item?id=48933344
SpaceX bond worth 10% less than issue price – heading for junk bond status
Re: SPCX is now Wall Street's most shorted new stock
#54Every single shorted stock, was purchased by someone else who is taking the long side of the trade. So there's as many people betting the stock will go up. This says more about volatility and volume of trading, than anything else.
As index funds they were forced to buy. They are not taking any view.
Re: SPCX is now Wall Street's most shorted new stock
#55I just hope this doesn't destroy the company that would suck lose their edge and then China comes in
Re: SPCX is now Wall Street's most shorted new stock
#56From Matt Levine just today... https://www.bloomberg.com/opinion/newsletters/2026-07-16/sho... Right now, SpaceX has provided 639 million shares to trade. People want more. In a month, there will be 1,583 million shares to trade. But right now, there are actually 820 million shares to trade: the 639 million provided by SpaceX, plus another 181 million provided by short sellers.
This was just a bag drop on retail and trying to force it into retirement funds proves it.
Re: SPCX is now Wall Street's most shorted new stock
#57[flagged]
Anyone that thinks Musk approaches anything for short-term results doesn't understand Musk.
He has a malignant narcissist’s distorted grasp of time: any future he promises is always nearer than is plausible, but the past is never finalised.
Re: SPCX is now Wall Street's most shorted new stock
#58Earlier quoted context omitted.
Yes, people expect it to trade much lower, around $40 per share, still would be a huge valuation for what the company has done. Goldman Sachs analysts had an extreme range, of like $6 Billion to $5T, but the consensus $2T required 100x revenue multiple by 2030. If revenue was less than 10x by 2030 it's less than $100B company, and only $6B if it remains flat. So a lot of downsides and the upside requires a continuati…
> Goldman Sachs analysts had an extreme range, of like $6 Billion to $5T What a weird way for them to say "we don't know"! It's like saying this house has 0 to 100 bathrooms.
Re: SPCX is now Wall Street's most shorted new stock
#59Earlier quoted context omitted.
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it's so weird and kinda disturbing how many people really believe that was a Nazi salute. It's so easy shape public opinion with media and algorithms. Same thing happening with "datacenters will destory the world because of their water use" BS
Re: SPCX is now Wall Street's most shorted new stock
#60Earlier quoted context omitted.
it's so weird and kinda disturbing how many people really believe that was a Nazi salute. It's so easy shape public opinion with media and algorithms. Same thing happening with "datacenters will destory the world because of their water use" BS
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