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SpaceX’s SPCX Drops About 26.5% in Five Sessions as Short Interest Jumps to 13%

SpaceX shares (SPCX) have fallen more than 26.5% over five trading sessions since listing, and recently traded at $154.14, about 30% below the post-IPO peak. Ortex data show short interest rose sharply to 13% from 8%, pointing to a rapid buildup in bearish positioning. Around 83 million shares are sold short versus average daily volume of about 270 million shares, a setup that can amplify volatility.
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