{"id":32951,"date":"2026-06-24T21:27:39","date_gmt":"2026-06-24T21:27:39","guid":{"rendered":"https:\/\/bitunikey.com\/news\/spacex-sparks-short-squeeze-debate-as-bears-pile-into-spcx\/"},"modified":"2026-06-24T21:27:45","modified_gmt":"2026-06-24T21:27:45","slug":"spacex-sparks-short-squeeze-debate-as-bears-pile-into-spcx","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/spacex-sparks-short-squeeze-debate-as-bears-pile-into-spcx\/","title":{"rendered":"SpaceX sparks short-squeeze debate as bears pile into SPCX"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">SpaceX shares have remained under pressure after short interest jumped to 13% of the publicly tradable float while the stock lost more than 25% over the past five trading sessions.<\/p>\n<div id=\"cn-block-summary-block_5f0dfa46f3f875d8fbfcf0e652952b46\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Short interest in SpaceX has climbed to 13% of the public float as SPCX extends its post-IPO decline.<\/li>\n<li>Rising bearish bets have fueled debate over a potential short squeeze due to the stock\u2019s limited tradable share supply.<\/li>\n<li>Susquehanna initiated coverage with a neutral rating, citing valuation concerns despite strong long-term growth drivers.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to data from Ortex Technologies cited by Reuters, bearish bets against SpaceX have risen rapidly in recent days, pushing short interest from 8% in the previous session to 13% of the company\u2019s public float. The increase comes as SPCX trades roughly 30% below its post-IPO high following a sharp rally after its market debut.<\/p>\n<p>Reuters <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/finance\/spacex-short-selling-bets-increase-after-post-debut-share-selloff-2026-06-24\/\" target=\"_blank\" rel=\"nofollow\">reported<\/a> that Ortex co-founder Peter Hillerberg described the pace of short-selling activity as unusual for a company that has been public for only a few weeks.<\/p>\n<p>Hillerberg attributed the move to a growing number of traders positioning for additional downside after the stock\u2019s recent decline.<\/p>\n<p>The selling pressure has coincided with profit-taking in newly listed stocks and a broader retreat across risk assets. Market participants who benefited from SpaceX\u2019s early gains are now reassessing the company\u2019s valuation after the stock\u2019s rapid rise and subsequent pullback.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Limited float keeps short-squeeze risk alive<\/h2>\n<p>Despite the increase in bearish positioning, some market observers point to conditions that could make short positions vulnerable if buying demand returns.<\/p>\n<p>Current market data shows approximately 83 million SpaceX shares have been sold short, while average daily trading volume stands near 270 million shares. Under those conditions, a sharp rally could force short sellers to repurchase stock to close positions, potentially accelerating gains through a short squeeze.<\/p>\n<p>At the same time, concerns about future share supply have added another layer to the debate. Economist Peter Schiff argued that SpaceX\u2019s strong first-day performance was partly supported by its relatively small public float. In recent comments, Schiff <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/PeterSchiff\/status\/2069403558244446242\" target=\"_blank\" rel=\"nofollow\">warned<\/a> that the number of tradable shares could expand significantly over time.<\/p>\n<p>According to Schiff, the public float may increase from roughly 640 million shares to 7.5 billion shares by Dec. 8, representing an almost twelvefold increase. He argued that a substantial rise in available shares could create additional selling pressure if demand fails to keep pace.<\/p>\n<h2 class=\"wp-block-heading\">Analysts remain divided on valuation<\/h2>\n<p>Recent analyst coverage has highlighted the split between bullish long-term expectations and concerns about current pricing.<\/p>\n<p>As crypto.news previously reported, Susquehanna initiated coverage of SpaceX with a neutral rating and a $170 price target. In a research note, the brokerage stated that the company\u2019s valuation depends on aggressive growth assumptions and premium valuation multiples.<\/p>\n<p>While Susquehanna said it would prefer to wait for a more attractive entry point before taking a more constructive stance, the firm also identified several factors supporting the company\u2019s long-term outlook. Those factors include SpaceX\u2019s dominant position in rocket launches, the growth potential of Starlink, early investments in artificial intelligence infrastructure, and the leadership of CEO Elon Musk.<\/p>\n<p>Even with those strengths, Susquehanna cautioned that a significant portion of the expected growth may already be reflected in the current valuation.<\/p>\n<p>Meanwhile, SPCX fell another 1% during the latest session to $154.54, extending its five-day loss to approximately 26%. Despite the recent decline, the company still carries a market capitalization of about $2.03 trillion.<\/p>\n<p>Separately, the company has attracted investor attention after announcing plans to raise $20 billion through a bond offering, a move that adds another closely watched catalyst as traders debate whether the recent selloff has gone too far or not far enough.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/finance.yahoo.com\/quote\/SPCX\/\" target=\"_blank\" rel=\"nofollow\">Yahoo Finance<\/a><\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SpaceX shares have remained under pressure after short interest jumped to 13% of the publicly tradable float while the stock lost more than 25% over the past five trading sessions.&hellip;<\/p>\n","protected":false},"author":1,"featured_media":31752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-32951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/32951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=32951"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/32951\/revisions"}],"predecessor-version":[{"id":32952,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/32951\/revisions\/32952"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/31752"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=32951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=32951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=32951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}