Retail demand for SpaceX in the first week of trading was historic:
Retail investors purchased +$405 million of SpaceX, $SPCX, during its first 5 trading sessions, the largest first-week retail purchase of any IPO on record, according to Vanda Research.
By comparison, the 2nd-largest first-week purchase was Rivian, $RIVN, at +$185 million in November 2021, less than half of SpaceX's total.
This total also exceeds combined purchases of Magnificent 7 stocks, at +$158 million over the same period.
Furthermore, SpaceX attracted more retail capital than the combined purchases of the S&P 500 ETF, $SPY, and the Nasdaq 100 ETF, $QQQ, which came in at +$352 million last week.
No stock debut has ever generated this much retail demand.