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stocksJun 23, 2026, 5:58 PM

Retail Demand for SpaceX IPO Hits Record $405 Million in First Week

Retail investors poured $405 million into SpaceX (SPCX) during its first five trading sessions, the largest first-week retail purchase of any IPO on record, according to Vanda Research.

SPCX

According to Vanda Research, retail investors purchased $405 million of SpaceX (ticker: SPCX) in the first five trading sessions after its debut. This is the highest first-week retail inflow ever recorded for an IPO.

For context, the previous record was Rivian (RIVN), which attracted $185 million in November 2021—less than half of SpaceX's total. The combined retail purchases of all Magnificent 7 stocks over the same period were $158 million, and the combined inflow into the S&P 500 ETF (SPY) and Nasdaq 100 ETF (QQQ) was $352 million.

No IPO has ever generated this level of retail demand, underscoring the strong appetite for SpaceX shares among individual investors.

Source: The Kobeissi Letter