SpaceX Is Wall Street's Frothiest Trade
Short-sellers have placed massive bets against SpaceX, with S3 Partners founder Bob Sloan characterizing it as one of the most speculative trades ever seen in the market. Bears are already significantly profitable on their positions, though the situation remains volatile with potential for a short squeeze. The debate raises broader questions about whether excessive market speculation is finally cooling off.
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SpaceX Is Wall Street’s Frothiest Trade: Sloan
Short-sellers have placed massive bets against SpaceX, with S3 Partners founder Bob Sloan characterizing it as one of the most speculative trades ever seen in the market. Bears are already significantly profitable on their positions, though the situation remains volatile with potential for a short squeeze. The debate raises broader questions about whether excessive market speculation is finally cooling off.
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