Short sellers are raking in profits of $15.5 billion and still adding to the position! $SPCX drops to 110 and hits a historical low—MIG: $100 first!
Brothers, SPCX is collapsing again today. The intraday low hit 110.85, setting a new all-time low since listing, and the current price is 116.34. From the historical high of 225.64, it has fallen to nearly half of that now—its market value has evaporated by over a trillion. The short sellers haven’t run; they’re疯狂加仓.
Short-seller data is shocking
As of July 22, cumulative paper profits for investors shorting SPCX have reached $15.5 billion. Short interest has surged from about 40 million shares at the IPO to around 200 million shares, accounting for 32% of the float. The size of the short position is about $25 billion. Ortex data is even more direct—short sellers haven’t taken profits; instead, they’ve been continuously adding to their shorts.
A bigger risk is coming in August
On August 4, SpaceX will release its first earnings report since going public. Two days later, 911.5 million shares held by insiders will be allowed to be sold legally—an amount that exceeds the total shares issued in the entire IPO. On the fundamentals: SpaceX’s revenue in 2025 was $18.7 billion, but it recorded a net loss of $4.9 billion. Average revenue per Starlink user has already fallen to $66.
MIG’s trading suggestions for both sides:
Short on rebounds: around 118–119, continue entering short positions. If you’re aggressive, continue shorting at the current price of 116. For longs: wait at least for a surge and a breakout above 122 with stabilization before considering, or attempt again after it stops falling and stabilizes near the prior low of 111.
Musk warned that the survival probability of institutions holding short positions long-term is extremely low. The result? Short sellers simply didn’t care and kept adding to their positions. In August, a double blast is on the way: the unlocking wave plus the earnings report—this bottom looks bottomless. Don’t reach out to catch flying knives!
#全球科技股延续抛售 #美参议院否决伊朗战争权力决议
Brothers, SPCX is collapsing again today. The intraday low hit 110.85, setting a new all-time low since listing, and the current price is 116.34. From the historical high of 225.64, it has fallen to nearly half of that now—its market value has evaporated by over a trillion. The short sellers haven’t run; they’re疯狂加仓.
Short-seller data is shocking
As of July 22, cumulative paper profits for investors shorting SPCX have reached $15.5 billion. Short interest has surged from about 40 million shares at the IPO to around 200 million shares, accounting for 32% of the float. The size of the short position is about $25 billion. Ortex data is even more direct—short sellers haven’t taken profits; instead, they’ve been continuously adding to their shorts.
A bigger risk is coming in August
On August 4, SpaceX will release its first earnings report since going public. Two days later, 911.5 million shares held by insiders will be allowed to be sold legally—an amount that exceeds the total shares issued in the entire IPO. On the fundamentals: SpaceX’s revenue in 2025 was $18.7 billion, but it recorded a net loss of $4.9 billion. Average revenue per Starlink user has already fallen to $66.
MIG’s trading suggestions for both sides:
Short on rebounds: around 118–119, continue entering short positions. If you’re aggressive, continue shorting at the current price of 116. For longs: wait at least for a surge and a breakout above 122 with stabilization before considering, or attempt again after it stops falling and stabilizes near the prior low of 111.
Musk warned that the survival probability of institutions holding short positions long-term is extremely low. The result? Short sellers simply didn’t care and kept adding to their positions. In August, a double blast is on the way: the unlocking wave plus the earnings report—this bottom looks bottomless. Don’t reach out to catch flying knives!
#全球科技股延续抛售 #美参议院否决伊朗战争权力决议