this post was submitted on 24 Jul 2026
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241
SpaceX Stock Slips Below IPO Price as Short Sellers Profit $15.5B (townflex.com)
submitted 10 hours ago by stermy4u@lemmy.world to c/technology@lemmy.world
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[–] PattyMcB@lemmy.world 1 points 8 hours ago (1 children)

The short sellers were guaranteed sales at those prices

[–] FlashMobOfOne@lemmy.world 1 points 8 hours ago* (last edited 8 hours ago) (1 children)

Nothing is really guaranteed in investing (unless you're in public office and can insider trade or you're a billionaire), though the post IPO dip has happened often enough that, yes, it probably isn't the worst idea to have a plan.

[–] PattyMcB@lemmy.world 1 points 5 hours ago (1 children)

I mean... short selling requires a buyback at a set price... it's one of the few guarantees there are in the stock market.

Granted the value isn't guaranteed to go down, just the buyback and price