SCryptoTrader

#spacexshortinteresthits29%offloat 🚀 $25 BILLION Betting Against SpaceX… Is a Massive Short Squeeze Coming. SpaceX is becoming one of the heavily shorted stocks out there. 📉 A lot of people are betting against it. Short interest has jumped to 29% of the public float. That is around 185 million shares sold short. They are worth about $25 billion. 🍋 Why are traders turning bearish on SpaceX? 🔹 The shares have dropped about 20% from their highs. 🔹 More shares will be available, after the lockup expiration. 🔹 Some investors think SpaceX is overvalued. 🔹 The recent Starship delays have added to the uncertainty. 🍋 Here is the thing... If SpaceX has a news like a successful Starship launch or a positive financial update it could force those betting against it to buy back shares quickly. That would create a short squeeze. Traders are watching SpaceX closely because of this. When people change their minds high short interest can make the stock price go up more. 👀 Do you think you would bet against SpaceX ? 💬 Share your plan below! I am long on SpaceX #stockmarket #ShortSqueeze #Investing #Khan62 $SPCX $TSLA $NVDA