July 20, 2026
SpaceX Crew Dragon and Falcon 9 during an in-flight abort test. Demand for pre-IPO exposure to the company is intensifying ahead of a possible listing. Illustration: NASA/SpaceX.
One month ago, investors and journalists alike could not get enough of Space X. Today it’s one of the most heavily shorted stocks on the U.S. market. Is the market reassessing the company or is this simply a correction of the pricing distortion that emerged because only a limited number of shares were available for trading in the period immediately after the IPO?
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