The average SpaceX buyer post-IPO is almost under water after two-day slide

SpaceX fell as much as 7% to $178, leaving the stock roughly in line with its volume-weighted average price just under $180. The move points to weaker near-term trading momentum and a softer tone in investor positioning rather than a fundamental update.

Analysis

SpaceX fell as much as 7% to $178, leaving the stock roughly in line with its volume-weighted average price just under $180. The move points to weaker near-term trading momentum and a softer tone in investor positioning rather than a fundamental update.