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Short sellers notch $8.7 billion profit as SpaceX shares dip to IPO price

Written By: TDG Syndication
Last Updated: July 17, 2026 02:00:18 IST

By Saqib Iqbal Ahmed NEW YORK, July 16 (Reuters) – 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

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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