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Short sellers increase bets against SpaceX to 32% ahead of earnings; Musk predicts they will lose.

Market News
21 Jul 2026
CNBC
View Source
Neutral
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Short sellers have raised their bets against SpaceX to about 32% of its publicly tradable shares, totaling roughly $25 billion in bearish wagers. This surge comes ahead of SpaceX's first quarterly earnings report as a public company, set for August 4, which will provide key insights into its performance. Elon Musk responded by warning that investors betting against SpaceX have a low chance of success, emphasizing the company's ambitious goals and potential value. The stock recently rose 4%, recovering from a losing streak, as analysts remain optimistic about its long-term prospects despite skepticism about its valuation.

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