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Musk reacts as firms bet $8-bn on SpaceX stock crash, says 'They won't survive'
short by Vaishnavi Mishra / on Sunday, 19 July, 2026
Elon Musk said companies with significant short positions against SpaceX have low long-term survival prospects. His remarks came as short sellers were reportedly sitting on about $8.7 billion (around ₹84,000 crore) in paper gains after the company's shares declined. The stock fell 5.4% on Friday, wiping out more than $1 trillion in market value from its peak.
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