Short sellers bet $45M against SpaceX stock

Short sellers have placed a $45.3 million net short bet against SpaceX stock, betting the rally will reverse. The stock debuted at $135 on June 12, surged past $2.7 trillion market cap, and has since cooled near $202. Smart money on Hyperliquid perpetuals is heavily short, while Chaikin Money Flow still shows positive accumulation.