Kiwi Investors Rushed Into SpaceX. Here’s What the Hype Has, and Could Still, Cost Them

Kiwi investors rushed into SpaceX. Here’s what the hype has, and could still, cost them

SpaceX tells us a lot about how the investor’s mind works.

SpaceX shares: Retail investors turn net sellers

Discover why retail investors sold a net US$4.5 million in SpaceX shares on Aug 7, marking a shift in sentiment. Read more at straitstimes.com.

US stocks: Retail investors sold SpaceX shares for first time on Friday

For the first time since its launch, retail investors sold off SpaceX shares, coinciding with a rebound towards its IPO price. This change reflects a reevaluation of risk versus reward, prompting some to take profits. Since mid-July, the company's stock has struggled below the IPO threshold, following a series of declines and an overall downturn in SpaceX's market value.

Retail investors sold SpaceX shares for first time on Friday

Retail investors who spent weeks defending SpaceX through its post-IPO run turned net sellers ‌on Friday, marking the first such instance since the company's blockbuster debut in June.

The Best Way to Sell a Concentrated Position

On SpaceX, individual stocks, and knowing when to walk away.