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SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles

SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles NASA library image

Image: NASA, library image. Peering out a window of a SpaceX Dragon spacecraft toward another Dragon spacecraft

Machine-written summary, checked against the sources below

Venture capitalist Chamath Palihapitiya warned investors shorting SpaceX shares, drawing a parallel to the short-selling pressure Tesla faced in its early years as a public company. He was responding to reports of elevated short interest in the newly public rocket, satellite, and AI company.

Venture capitalist Chamath Palihapitiya has cautioned investors shorting SpaceX shares, drawing a direct parallel to the intense short-selling pressure Tesla faced in its early public years. Responding to reports of elevated short interest in the newly public rocket, satellite, and AI company, Palihapitiya noted that similar dynamics played out with Tesla, where aggressive short sellers […] The post SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles appeared first on TESLARATI .

Summary by Teslarati

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