economy

The average SpaceX buyer post-IPO is almost under water after two-day slide

Shares of SpaceX fell as much as 7% Thursday to $178, leaving the stock trading roughly in line with its volume-weighted average price of just under $180.

The average SpaceX buyer post-IPO is almost under water after two-day slide

TL;DR

  • SpaceX shares fell 3.6% on Thursday to just under $184.98.
  • The five-day volume-weighted average price (VWAP) is $181.71, indicating average post-IPO buyers are near break-even.
  • The stock surged post-IPO but has since retreated 20% from its intraday high above $225.
  • Retail investors who accessed the IPO through platforms like Robinhood, Fidelity, and SoFi, even with small allocations, still have gains.
  • The reversal highlights a quick shift in sentiment as investors reassess fundamental justifications for the stock's rapid advance.

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