Demand for SpaceX Shares Increased

SpaceX's IPO has generated significant interest among retail investors. The company's shares were listed on Nasdaq under the ticker SPCX and closed above the initial offering price on the very first day.

According to data from the investment platform moomoo, 52% of the platform's active users traded financial instruments related to the company's shares (SPCX) on the first day of trading activity. Notably, SpaceX surpassed Micron Technology, which ranked second by order volume, nearly eightfold (7.7 times).

Alongside trading, investors actively utilized the platform's technological resources. Specifically, 27.5% of users consulted an artificial intelligence assistant to study the company's financial metrics.

According to moomoo's General Director Neil MacDonald, these figures indicate an increase in the qualification level of retail investors. They are increasingly using modern research and data analysis tools that were previously only available to large investment funds.

Source: Yahoo Finance