SpaceX stock falls below its $135 IPO price to $115.26, giving short sellers $15.5 billion in paper profits as traders double down on bearish market bets.
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.
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.
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
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