SpaceX captured 56% of US retail stock purchases on its first trading day with $117M in net buying, as investors rotate away from the Magnificent Seven.

SpaceX's record $75B IPO saw $118M in first-day retail buying, with shares closing up 19%. The company also disclosed 18,712 BTC worth $1.29 billion.

SpaceX's initial public offering has raised a record $85.7 billion. Underwriters exercised an option to buy more shares after strong demand. The company's stock saw significant…