SpaceX short interest soars ahead of share unlock, earnings

Short interest in SpaceX has surged to 219.3 million shares, about 34% of the public float, ahead of the company's first earnings report and a major lock-up expiration next week. The bearish position, valued at $24.6 billion, now exceeds short bets on Tesla. Shares fell 3% to $108.83, about 19% below the IPO price, as traders brace for as many as 911.5 million shares to become tradable.