SpaceX’s short interest surged from 40 million shares to 185 million shares in the weeks following its June 12 Nasdaq listing, according to Techub, citing CryptoBriefing. That put bearish positions at roughly 29% of the company’s public float, representing about $25 billion in short bets. The report also said SpaceX holds about 18,712 BTC on its balance sheet, valued at around $1.3 billion, placing it among the larger bitcoin holders among public companies. SpaceX’s IPO raised $75 billion, setting a record, and its market capitalization briefly moved above $2 trillion after the listing. Before the stock began trading publicly, crypto-native traders had already been accessing SpaceX exposure through perpetual contracts on decentralized platforms. Since 2025, investors have also been able to trade tokenized fractional shares of SpaceX on blockchain-based platforms, giving DeFi participants an avenue to gain exposure earlier than traditional retail investors.
SpaceX’s short interest climbed from 40 million shares to 185 million shares in the weeks after its June 12 Nasdaq debut, according to Techub, which cited CryptoBriefing. The short position amounted to about 29% of the company’s public float, or roughly $25 billion in bearish bets.
The report said SpaceX’s balance sheet shows holdings of about 18,712 BTC, valued at around $1.3 billion. That makes the company one of the larger bitcoin holders among listed firms.
SpaceX raised $75 billion in its IPO, setting a record. After listing, its market capitalization briefly topped $2 trillion.
Crypto-native traders had already gained access to SpaceX exposure before the listing through perpetual contracts on decentralized platforms. Since 2025, investors have also been able to trade tokenized fractional shares of SpaceX on blockchain platforms, giving DeFi participants access earlier than traditional retail investors.
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