Retail investors snap up $369.8 million of SpaceX shares in three sessions after IPO

In the three trading sessions following SpaceX’s IPO, retail investors net bought $369.8 million of the stock—about four times the combined net buying in Nvidia and the Invesco QQQ Trust. Their net purchases in SpaceX also exceeded the combined buying across NVDA, GOOGL, AMZN, MSFT, META, QQQ and SPY, while retail investors were net sellers of Tesla and Apple over the same period. Vanda Research said the flows look like an active rotation within tech rather than meme-style speculation, with SpaceX emerging as a new “retail darling.”