🇿🇦 South Africa Jun 12, 2026

Jim Chanos has a warning for SpaceX investors — and his track record demands attention

BizNews South Africa
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Jim Chanos has a warning for SpaceX investors — and his track record demands attention
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SpaceX hits the stock market today riding over $100 billion in retail orders and a wave of institutional FOMO — but veteran short seller Jim Chanos isn't buying the narrative. Bloomberg Opinion's Lionel Laurent draws a sharp parallel between SpaceX's IPO and Michael Saylor's Strategy Inc., the Bitcoin-buying vehicle that Chanos shorted and which has since shed 70% of its value. Both companies, Laurent argues, have mastered the same trick: turning charismatic leadership and loyal fanbases into ca

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