SpaceX IPO Disappoints Retail Buyers with Sparse Allocations, Fueling Hold-or-Sell Debate
Retail investors who bid for SpaceX’s IPO received far smaller allocations than requested, with some getting only a handful of shares. Debuted near $135 and traded higher, sparking a mix of quick sales and long-term holds. Investors expect potential selling pressure when lockup periods lift and more shares enter trading, set against a lofty near-$2 trillion valuation.