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The founder of Formula News closed the SPCXUSDT short position, incurring a loss of approximately $67,000.

The founder of Formula News closed the SPCXUSDT short position, incurring a loss of approximately $67,000.

ForesightNewsForesightNews2026/06/16 01:38
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Foresight News reported that the founder of Formula News, Vida, stated on his personal channel that he has closed his SPCXUSDT short position, with a loss of approximately $67,000.


According to an earlier report by Foresight News, Vida stated on his personal channel that he had shorted the SpaceX pre-market contract at a price of $162.46. This position was planned to be held for 3 to 12 months, and he mentioned that he could accept a maximum loss of $100,000.

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