SpaceX shares rebound 15% as retail holders turn net sellers for the first time since listing

SpaceX shares rose 15%, recovering from a record low, according to reports. Separately, retail investors were net sellers of the stock on Friday for the first time since the company's initial public offering, a shift in a shareholder base that had been consistently accumulating shares since the listing. The two data points sit uneasily together: the retail selling was recorded before the rebound, suggesting the bounce was driven by other flows.