SpaceX Is Wall Street’s Frothiest Trade: Sloan

Short-sellers are making a massive bet against SpaceX. Bob Sloan S3 Partners Founder & Managing Partner calls it one of the frothiest trades the market has ever seen. He joins Bloomberg Open Interest to explain why bears are already billions of dollars ahead, what could trigger a short squeeze, and whether the broader market is finally losing its speculative excess. (Source: Bloomberg)

Short-sellers are making a massive bet against SpaceX. Bob Sloan S3 Partners Founder & Managing Partner calls it one of the frothiest trades the market has ever seen. He joins Bloomberg Open Interest to explain why bears are already billions of dollars ahead, what could trigger a short squeeze, and whether the broader market is finally losing its speculative excess. (Source: Bloomberg)