SpaceX retail investors sell shares for first time as stocks fall below IPO price

After weeks of retail investors defending SpaceX post-IPO, they turned net sellers on Friday, the first reversal of that pattern since the company’s June debut. The shift suggests deteriorating near-term retail sentiment toward SpaceX even as broader fundamentals are not cited.

Analysis

After weeks of retail investors defending SpaceX post-IPO, they turned net sellers on Friday, the first reversal of that pattern since the company’s June debut. The shift suggests deteriorating near-term retail sentiment toward SpaceX even as broader fundamentals are not cited.