This week, Tesla's stock price plummeted approximately 14.5% the day after its Q2 earnings fell short of expectations, erasing about $214.5 billion in market value. Meanwhile, Musk's Space Exploration Technologies Corp. (SpaceX) saw its share price drop below the offering price more than a month after its initial public offering, with a continuous increase in short-selling investors. Data shows that short positions in SpaceX now account for approximately 32% of its outstanding shares. Musk warned that institutions maintaining large-scale short positions over the long term have an "extremely low probability of survival." The market is also watching whether SpaceX and Tesla will merge, a question Musk did not directly address during the earnings call, only stating that business overlaps between the two companies will increase. Some Wall Street analysts are optimistic that a deal between the two companies will ultimately be reached.