Svmuu News: When SpaceX announced its list of IPO underwriters, Jefferies was not among them, but short sellers and some senior executives at Jefferies Group see this as a rare opportunity. According to people familiar with the matter, hedge funds that did not invest in SpaceX are reaching out to Jefferies to inquire about short-selling opportunities following the company’s IPO. As the largest U.S. investment bank not involved in the SpaceX offering, Jefferies is now in a unique position to facilitate these trades. Although firms on Wall Street typically assist clients with a wide range of investment strategies involving a company’s stock, their legal teams may become uneasy when one division expresses a bullish view on a stock while another helps clients short it. Moreover, it is hard to imagine how Musk—who has long been known for his mercurial temperament—would react if any of the 23 banks that underwrote SpaceX’s IPO were to “turn against” the company by engaging in short-selling. (Jin Shi)