# Short sellers gain $8.7 billion as SpaceX shares slide to IPO price

Short sellers have collectively earned an $8.7 billion profit as SpaceX's stock price in private markets dropped to its initial public offering level. The dip reflects changing investor sentiment about the private space company's valuation after a prolonged surge. This highlights the high-stakes bets surrounding SpaceX's unlisted shares.

**Importance:** 3/5

## Sources

### Technology
- [Hacker News](https://www.reuters.com/business/media-telecom/short-sellers-rack-up-87-bln-profit-spacex-slips-below-ipo-price-ortex-2026-07-16/) — Fri, 17 Jul 2026 15:17:54 +0000