Short Sellers Are Winning Big Against Musk — And He's Warning They Won't Survive

Executive Briefing

• Surges in short selling push shorted shares to 206 million, nearly one-third of all publicly tradable SpaceX stock
• Shares cratered to an all-time low of $118, down sharply from $135 just weeks ago
• SpaceX lost nearly $5 billion last year, with xAI folded subsidiary adding another $6.4 billion in losses
• Musk warns short sellers face low survival odds, reiterating SpaceX could eventually be worth more than Earth
• First-ever quarterly earnings report scheduled for August 4 will serve as major investor litmus test