Priced at $135 per share, SPCX surged to an all-time high of $225.64 on June 16 before violently reversing course. That is a staggering $650 to $700 billion wiped out in just five weeks. A June 17 SEC Form 4 filing reveals his Revocable Trust holds 842.09 million Class A and 663.8 million Class B shares, plus another 7.4 million Class A shares via the EM 2024 GRAT-A trust. A July 21 Investing.com analysis revealed that bears have racked up roughly $15.5 billion in paper profits. Musk recently warned shorts on X that their "survival probability... over time is very low," but bearish bets have only accelerated since his remarks.