Musk's Red Flag Warning: A Cautionary Tale of Folly and Hubris Elon Musk has issued a stern warning to a group of traders betting against SpaceX, but they remain undeterred.
Despite his warnings, these investors continue to short the company's shares, doubling down on their losses.
Musk's caution is not new; he has been warning about the risks of significant short positions in SpaceX since July. Yet despite his red flags, short sellers persist in their bets.