SpaceX: Vida Closes $SPCX Short at $60K Loss

SpaceX pre-IPO share trading and valuation history took center stage when $SPCX jumped 10% in night trading, lifting its market cap above Amazon's $2 trillion. Short seller Vida closed the position at a $60,000 loss after targeting the company he still views as extremely overvalued, seeking a stronger window for notable short positions against SpaceX before 2026 IPO. Founded in 2002, the rocket maker continues to draw aggressive bets on both sides of its valuation ahead of any public listing.