The stock price fell sharply after SpaceX released its first earnings report since its listing, and retail investors took the opportunity on Wednesday to buy at a sharp drop. According to data from Vanda Research, retail investors made a net purchase of 22.7 million US dollars worth of SpaceX shares in the first hour of the opening. This figure ranked the third highest in total purchases in the first hour of the opening of the market in the 37 trading days since the company went public. “This shows that after earnings reports triggered the sell-off, retail investors' enthusiasm for buying on dips did not subside; instead, they were more inclined to seize opportunities,” Vanda Research pointed out in the report. The financial data company said that if the momentum is maintained, Wednesday could become the second-highest trading day for retail net purchases since SpaceX went public, after June 16. Since completing the largest IPO in US history at a price of 135 US dollars per share on June 12, SpaceX has not had a trading day with net sales from retail investors. SpaceX's stock price plummeted 13.6% after the release of earnings reports, as investors began to worry about how long its profitable Starlink business could provide financial support for high-cost artificial intelligence investments. According to Vanda data, SpaceX was the most purchased US stock by retail investors on Wednesday, followed by chipmaker AMD.

The stock price fell sharply after SpaceX released its first earnings report since its listing, and retail investors took the opportunity on Wednesday to buy at a sharp drop. According to data from Vanda Research, retail investors made a net purchase of 22.7 million US dollars worth of SpaceX shares in the first hour of the opening. This figure ranked the third highest in total purchases in the first hour of the opening of the market in the 37 trading days since the company went public. “This shows that after earnings reports triggered the sell-off, retail investors' enthusiasm for buying on dips did not subside; instead, they were more inclined to seize opportunities,” Vanda Research pointed out in the report. The financial data company said that if the momentum is maintained, Wednesday could become the second-highest trading day for retail net purchases since SpaceX went public, after June 16. Since completing the largest IPO in US history at a price of 135 US dollars per share on June 12, SpaceX has not had a trading day with net sales from retail investors. SpaceX's stock price plummeted 13.6% after the release of earnings reports, as investors began to worry about how long its profitable Starlink business could provide financial support for high-cost artificial intelligence investments. According to Vanda data, SpaceX was the most purchased US stock by retail investors on Wednesday, followed by chipmaker AMD.