I feel like a kid at ChristmasBets against SpaceX grow to 32% of float as Elon Musk warns short sellers won’t survive
https://www.cnbc.com/2026/07/21/bet...on-musk-warns-short-sellers-wont-survive.html
As the company has set 4 August as its first earnings report since going public, that date also triggers its first share lock-up release.
That will let insiders sell up to 911.5 million shares.
Will be interesting to see what occurs as highly likely the report will have the same trademark BS as Tesla has in it's over the years.
Regards,
Ahead of its launch, the service drew scrutiny in Washington.
In an April 14 letter, Senator Elizabeth Warren, the top Democrat on the Senate Banking Committee, pressed Musk on how X Money would "generate revenue sufficient to pay that yield."
She also cited past FDIC enforcement actions against Cross River over lending practices.