$SPCXB Short sellers’ proportion further rose to 32%, and Musk directly warned short sellers on social media that they “won’t last.” The last time he said something like this was $TSLAB , when he was talking during a time when they were being shorted—later, an epic short squeeze indeed played out. But SpaceX and Tesla aren’t exactly the same: liquidity is worse and information transparency is lower, so the logic behind short sellers may be more solid. Still, a shorting ratio of 32% by itself is basically a powder keg—any positive news could ignite it. Both sides have their points; position management matters more than directional judgment.