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Musk's Wealth Falls Below the $1 Trillion Mark, with Short-Selling Bets on SpaceX Further Increasing
1 day ago /
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Author：小编
As of the close of U.S. stocks on Wednesday, Musk's personal wealth shrank to $970.2 billion, falling below the $1 trillion mark, affected by the decline in stock prices of Tesla and SpaceX, according to reports. Notably, SpaceX's stock price may face further downward pressure. Data analytics company Ortex Technologies pointed out on Wednesday that short sellers are increasing their bets on the stock's decline, with the proportion of short positions in SpaceX rising to 13%, a significant increase from the previous trading day's level of 8%.
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