Those index funds forced to buy into SpaceX so quickly before proper price discovery are also big at lending stocks for shorting.

Short interest in TSLA is under 3%. Evidently the shorts think SPCX can't be defended as easily by the cult of Elon. It will be interesting to see when and how perceptions change.

One of the things "know-it-all" EM did not know about.

There's a lot more than that of the non-float that people can't wait to sell. This is just front-running the insiders.