Jim Chanos
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Chanos Bearish on SpaceX Valuation Fueled by ‘Hopes and Dreams’
Jim Chanos, founder and president of Chanos & Company LP, during a Bloomberg Television interview in New York, US, on Wednesday, June 11, 2025. Chanos discussed the state of markets and his concerns about the lack of oversight in the crypto market. Victor J. Blue/Bloomberg
Analysis:Short-sellers to tread carefully as Musk's SpaceX debuts
Analysis:Short-sellers to tread carefully as Musk's SpaceX debuts NEW YORK, June 9 : Short sellers beware: Elon Musk's SpaceX IPO may be too hot to handle. On the face of it, the company is a natural target for short sellers - investors who sell borrowed shares to profit from a future slide in prices. With an estimated price-to-revenue multiple of 56, eye-popping even for the fastest-growing companies, and concerns about governance, it makes for a logical short bet.