Individual Investors Targeting Low-Price SpaceX
Individual investors continued to buy SpaceX shares despite the decline following the announcement of its first earnings report as a public company. Shares worth $22.7 million were purchased during the first hour of trading, marking the third-highest trading volume since the company's listing, according to Vandaw Research data. Although the stock dropped by as much as 12.9% after the earnings release, individual investors remain eager to capitalize on the lower prices, with active trading continuing and the total value of traded shares exceeding $10.5 billion. Since the listing on June 12, there has been no net selling session by individual investors, reflecting their tendency to buy the dips—especially as the company’s business continues to grow and markets anticipate the balancing of Starlink expansion and artificial intelligence investments.
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