SPCX Lending Market Analysis
Space Exploration Technologies (SPCX) has experienced notable volatility in its cost-to-borrow (CTB) rates over the last 30 days. According to data sourced from Interactive Brokers, borrow fees for the ticker have ranged from a low of 0.38% to a high of 10.79%, with an average of 1.48% across 1,417 samples. As of September 3, 2026, the fee has moderated to 0.45%.
Market Implications
This wide range in borrow fees is characteristic of a stock where lending supply can tighten rapidly. While the current fee of 0.45% suggests a return to more normalized borrowing costs, the historical volatility indicates that short sellers have been active and that the stock is susceptible to sudden spikes in borrow costs if share availability decreases. Traders should watch for any further contraction in the 6,000,000 shares currently reported as available.
Key Takeaways
- Recent borrow fee range: 0.38% to 10.79%.
- Current borrow fee: 0.45%.
- 6 million shares currently available for lending.
The Bottom Line
SPCX has demonstrated the capacity for rapid borrow fee spikes, signaling that market participants should remain vigilant for potential supply-side constraints.
Signal data sourced from Finshort. This post is an original analysis prepared by The Forensic Ledger from publicly available data. Not investment advice.
Not investment advice. This is original reporting and analysis prepared by The Forensic Ledger from publicly available data. Nothing here is a recommendation to buy, sell, or hold any security. Always consult the original source and a licensed professional. See our full disclaimer and source-citation policy.