About $203 million in short orders bet on the tokenization of SpaceX stocks
2026-08-14 18:47:31
According to CoinMeta, a large investor placed a limit short order of $203 million on the tokenized shares of the space technology company SpaceX, with a price range of $141.93 to $142.90, betting that the token price would fall. At the beginning of August, the trading volume of SPCX on the tokenization trading platform Gate reached approximately $700 million, with a single-day transaction amount of $332 million on August 4th. Market activities centered around 911.5 million shares that were unlocked on August 6th. After the unlocking, SPCX rose by 6.1%, closing at $114.92. Documents from the U.S. Securities and Exchange Commission (SEC) show that Elon Musk holds 48.4% of the beneficial interests in SpaceX, corresponding to over 6.4 billion shares, which, at current prices, are valued at over $900 billion. This gives Elon Musk more than 82% of the total voting rights in SpaceX.
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Source:Internet
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