Vida, founder of Equation News, said he has closed his SPCXUSDT short position with a loss of about $67,000. According to Foresight News, he made the statement on his personal channel.

Foresight News previously reported that Vida said he had shorted a SpaceX pre-market contract at a price of $162.46. He said the position was planned to be held for 3 to 12 months and that he could accept a maximum loss of $100,000.