India, July 21 -- SpaceX stock price today gained around 7% on Tuesday, snapping a seven-session losing streak after CEO Elon Musk responded to a sharp rise in bearish bets against the aerospace company. Musk issued a strong warning to investors betting against SpaceX, saying firms holding significant short positions have a "very low" probability of survival over time. The comments came as short interest in the company climbed to nearly $25 billion, with investors closely watching SpaceX's first quarterly earnings report as a publicly traded company.

SpaceX Shares Rise Nearly 7 %

SpaceX shares climbed about 7% to trade around $128 after analysts at Macquarie reiterated their Outperform rating and encouraged investors to buy the recent w...