SpaceX short sellers sit on $8.7 billion in paper profit as SPCX falls below IPO price

Short sellers have accumulated roughly $8.7 billion in paper profit betting against SpaceX, per Ortex data cited by Reuters on July 16, 2026. SPCX closed at $135.27 on July 15 — about 16% below its June 12 IPO price of $160.95. The figure is mark-to-market, not realized; shorts remain exposed to any price reversal.