Short sellers notch $15.5 billion profit as SpaceX shares slip -Ortex

Short sellers have achieved a profit of $15.5 billion following a decline in SpaceX shares, according to data provided by Ortex. This financial gain for short sellers is directly linked to the slipping value of the company's shares. The reports from Ortex and Reuters highlight the significant monetary outcome resulting from the downward movement of SpaceX stock, marking a substantial win for those betting against the aerospace company's market performance in recent trading sessions.