SpaceX (SPCX.US) drops for 4 consecutive days, approaches IPO issue price; short sellers' paper profits near $3.9 billion

Zhihu Finance APP reports that, amid the highly anticipated new round of "Starship" rocket test flights and the upcoming first quarterly earnings report since its listing, SpaceX (SPCX.US) shares continue to face pressure, with short sellers seeing expanding paper gains. Data shows that as the share price falls near the IPO issue price, the short sellers' paper profit has reached nearly $3.9 billion.