About 40 million SpaceX shares are sold short, roughly 5% to 7% of the shares that are publicly available to trade, according to an estimate by S3 Partners.
Stocks making the biggest moves midday: Micron Technology, SpaceX, IBM, Flex & more
These are the stocks posting the largest moves midday.
Factory job cuts in June neared financial crisis and Covid levels, S&P says
Though the firm’s manufacturing index ran better than expected for June, it came largely from an inventory rebuild and despite sharp job cuts.
U.S. issues sweeping Iran oil sanctions waivers, unlocking billions in revenue for Tehran
The U.S. issued a sweeping rollback of sanctions on Iranian oil, offering Tehran an economic lifeline as negotiations toward a peace deal proceed.
Stocks making the biggest moves premarket: IBM, Qualcomm, Oracle, Energy Fuels & more
These are the stocks posting the largest moves in early trading.
U.S. fights with Brazil for China’s giant soybean market
The U.S. Soybean Export Council makes claims to higher quality a selling point over Brazil’s crop, as American farmers attempt to win back business from the world’s largest importer
China’s 618 shopping festival growth slows sharply as consumer spending malaise persists
The latest consumer data reinforce how consumption in China remains subdued.
CNBC Elite Advisors list: The 25 top investment advisors for ultra-high net-worth investors
CNBC’s Robert Frank reports on the new CNBC Elite Advisor list.
Can anyone join Musk in the trillionaire club? Zuckerberg has best shot, according to prediction markets
The Meta CEO is seen as next to join the Tesla and SpaceX CEO. Nvidia CEO Jensen Huang is seen as the second-most-likely.
CNBC unveils Elite Advisors list: Top ultra-high net worth wealth management firms for 2026
CNBC’s inaugural Elite Advisors list recognizes 25 of the country’s top investment advisors for ultra-high-net-worth investors and family offices, chosen for their expertise in serving clients with investable assets of $25 million or more. CNBC’s Robert Frank joins ‘Squawk on the Street’ with the details.