IT - Technology

Short sellers notch $15.5 bln profit as SpaceX shares slip -Ortex

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Short sellers ​targeting SpaceX ‌shares are sitting on an ​estimated $15.5 billion ​in paper profit since ⁠the rockets-to-AI ​firm's mid-June ​initial public offering, as its stock ​slipped below ​the IPO price, according ‌to ⁠data through Tuesday from analytics firm Ortex ​Technologies.

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