Retail investors became net sellers of SpaceX stock for the first time since its June 12 public listing, dumping a net $4.5 million in shares on Friday, according to Vanda Research data cited by Reuters. The shift breaks a streak of positive retail interest that persisted even as the stock fell from its peak of $225.64 on June 16. SpaceX allocated 20% of its IPO shares to retail investors, well above the typical 5% to 10%, and drew over $70 billion in retail orders. On Monday, the stock reclaimed its IPO price of $135 for the first time since July 15.
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