Key facts
- Jefferies CEO denied the firm is facilitating short sales against SpaceX.
- Jefferies was not among the 23 firms handling the SpaceX IPO.
- Earlier reports suggested Jefferies was arranging trades for hedge funds to bet against SpaceX.
Jefferies Financial Group CEO has stated that the firm is not involved in facilitating short sales against SpaceX. This statement comes after earlier reports indicated that Jefferies was arranging trades for hedge funds to bet against the company's stock ahead of its anticipated initial public offering. The firm was notably excluded from the list of 23 underwriters handling the SpaceX IPO.