Investors sell SpaceX shares again

The article confirmed that individual investors sold shares of SpaceX for the first time since its initial public offering in June, recording a net sale of $4.5 million on August 7th after having supported the stock for a long period. The shift to selling comes after a period of strong demand for the shares, especially during the price dips in August, influenced by earnings reports that showed the company achieving faster returns with a focus on artificial intelligence, despite concerns over funding for Starlink projects. Although the stock recovered some of its losses recently, rising by 1.4% to $134.95, it still remains below the initial offering price of $135 and has been steadily declining since mid-July. This trend reflects investors' reassessment of the stock's value and their expectations for future business growth.

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