Formula Owner Vida Shorts SpaceX IPO with $200,000

On June 11, according to on-chain analyst @ai_9684xtpa, Vida has shorted SPCX with $200,000, stating that he is 'naked shorting the future of humanity.' The Formula owner shared a screenshot on TG, revealing a 2x short position on SpaceX, which is set to IPO tomorrow. He mentioned that he can tolerate a maximum loss of $100,000, which would occur if the contract price rises to $243.69, at which point he would execute a stop-loss. However, he expects to hold this position for 3 to 12 months, indicating that this is not a short-term operation.