{"slug":"spacex-spcx-first-month","qid":"short_interest","label":"The first short-interest print, with the old-entity cliff as its own receipt","post_title":"SPCX: SpaceX's First Month on the Public Market","post_url":"/blog/spacex-spcx-first-month#q-short_interest","columns":["new_entity_settlement","shares_short_m","avg_daily_volume_m","reported_days_to_cover","implied_days_to_cover","settlements_published_after_june15","last_old_entity_settlement","last_old_entity_short_interest","jump_multiple_vs_old_entity"],"rows":[{"new_entity_settlement":"2026-06-15","shares_short_m":23.34,"avg_daily_volume_m":69.19,"reported_days_to_cover":1,"implied_days_to_cover":0.34,"settlements_published_after_june15":2,"last_old_entity_settlement":"2026-03-31","last_old_entity_short_interest":9711,"jump_multiple_vs_old_entity":2404}],"shape":"scalar","sql":"SELECT\n    toString(minIf(settlement_date, settlement_date >= toDate('2026-06-01'))) AS new_entity_settlement,\n    round(toFloat64(argMinIf(short_interest, settlement_date, settlement_date >= toDate('2026-06-01'))) / 1e6, 2) AS shares_short_m,\n    round(toFloat64(argMinIf(avg_daily_volume, settlement_date, settlement_date >= toDate('2026-06-01'))) / 1e6, 2) AS avg_daily_volume_m,\n    argMinIf(days_to_cover, settlement_date, settlement_date >= toDate('2026-06-01')) AS reported_days_to_cover,\n    round(toFloat64(argMinIf(short_interest, settlement_date, settlement_date >= toDate('2026-06-01'))) / toFloat64(argMinIf(avg_daily_volume, settlement_date, settlement_date >= toDate('2026-06-01'))), 2) AS implied_days_to_cover,\n    countIf(settlement_date > toDate('2026-06-15')) AS settlements_published_after_june15,\n    toString(argMaxIf(settlement_date, settlement_date, settlement_date < toDate('2026-06-01'))) AS last_old_entity_settlement,\n    argMaxIf(short_interest, settlement_date, settlement_date < toDate('2026-06-01')) AS last_old_entity_short_interest,\n    round(toFloat64(argMinIf(short_interest, settlement_date, settlement_date >= toDate('2026-06-01'))) / toFloat64(argMaxIf(short_interest, settlement_date, settlement_date < toDate('2026-06-01'))), 0) AS jump_multiple_vs_old_entity\nFROM global_markets.stocks_short_interest\nWHERE ticker = 'SPCX'","computed_at":"2026-07-27T00:08:47.247221+00:00","elapsed":0.114559724}