Looking back, Musk really wasn’t lying.

On July 18, Musk said: “Companies that hold short positions on SpaceX for the long term have a very low chance of survival.”

At the time, $SPCX peaked at $130, then fell to around $100.

Now, SPCX is at $167, up 67% from its low and nearly doubled. The pump was telegraphed back then—if only I’d held on.