Inside the SpaceX trading frenzy

SpaceX was one of the hottest stocks on Wall Street this year, and the article describes trading activity surging to new records since its IPO. It cites figures tied to the share price path: the IPO priced at $135, debuted at $150 on June 12 and closed around $161, then reached an intraday high near $226 on June 16 before closing at $202. The stock later saw a June 23 intraday low near $147 and a $156 close, and by June 26 ended the week at $153, down 17% for the week. On June 29 it closed at $164, up 7.15% that day. Interactive Brokers said SpaceX was in its top two most traded stocks every day since the IPO. Steve Sosnick noted SpaceX dominated customer activity. The piece also quotes Citadel Securities, which said the IPO was its largest single day of net retail buying, beating a prior record by 50%.