The Kobeissi Letter
The Kobeissi Letter|Jun 16, 2026 19:03
Retail investors are piling in to SpaceX stock: Over the last 2 trading sessions, retail investors bought nearly as much SpaceX, SPCX, as every other US single stock combined in the entire prior week, according to Vanda Research data. On Monday alone, retail purchased +$93.8 million of SPCX shares, accounting for ~73% of all retail single-stock purchases during the day. In the first 10 minutes of Monday’s session, retail investor turnover in the stock exceeded $7 million. Individual investors also bought some semiconductor stocks such as Marvell MRVL, Micron MU, SanDisk SNDK, and Broadcom AVGO. Retail appetite for risk shows no signs of slowing.(The Kobeissi Letter)
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