US stocks: Retail investors sold SpaceX shares for first time on Friday
- Posted on August 10, 2026
- By Business News Today
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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.