SpaceX retail investors sell more than they buy for the first time since IPO
For the first time since its June market debut, retail investors shifted to being net sellers of SpaceX stock on August 7. Individual traders offloaded a net $4.5 million worth of shares in Elon Musk’s space firm that day, breaking their previous trend of consistent buying. The stock had experienced a decline of more than 22% following its initial listing, though it has seen a recovery since then.