SpaceX stock rebounds over 40% from low as short sellers retreat

According to analytics firm S3 Partners, short interest in SpaceX shares has plunged sharply, from a peak of 34% of publicly traded shares to roughly 11% this week. The short squeeze comes as the company's stock staged an impressive recovery, climbing more than 40% off its recent low. Investors who had bet against the stock began closing their positions, locking in losses and fueling further price gains — a dynamic known as a short squeeze. Analysts note that bears are running out of arguments to keep betting against Elon Musk's company amid strong operational performance. SpaceX's stock trajectory remains closely watched by investors tracking major private space companies.