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Average SpaceX post-IPO buyer is nearly break-even after two-day slide
CNBC··19 Jun
CNBC reported that SpaceX shares fell 3.6% to just under $184.98 on June 18, with the five-day volume-weighted average price at $181.71, meaning the average post-IPO buyer is approximately breaking even after a 20% retreat from Tuesday's intraday high.
Prism
What It Means For You
- Post-IPO buyers face near-zero gains after the pullback.
- IPO allocation holders at $135 still have profits.
- Hot IPOs can reverse quickly after initial surges.
What's Happening
- SpaceX debuted at Nasdaq on June 12.
- Shares retreated 20% from Tuesday's peak.
- VWAP suggests average buyer is break-even.
Market Context
- SpaceX briefly approached a $3 trillion valuation.
- Many retail investors got only fractional allocations.
- Investors are reassessing whether gains were justified.
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