SpaceX's retail investors turn net sellers for 1st time since IPO

Retail investors, who had been defending SpaceX shares, turned net sellers on August 7, marking the first such instance since the company's June listing. Individual investors sold a net $4.5 million in Elon Musk's space-tech company on August 7, ending their streak of net buying. Notably, the stock fell over 22% after its debut but has since rebounded.