IT - Technology

Short sellers rack up $8.7 bln profit as SpaceX slips below IPO price -Ortex

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Short ​sellers targeting SpaceX ‌shares are sitting on ​an ​estimated $8.7 billion in paper ⁠profit ​since the rockets-to-AI ​firm's initial public offering, as ​its stock ​slipped below the ‌IPO ⁠price, according to data and analytics ​firm ​Ortex ⁠Technologies.

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