◆ NeutralSPCXAAPLGOOGGOOGLGOOGMGOOGN

SpaceX Stock Closes Up 19% In Record-Shattering IPO Debut

Benzinga·
SpaceX Stock Closes Up 19% In Record-Shattering IPO Debut

SpaceX (SPCX) made history with its IPO debut on Friday, closing at $160.95, up 19% from the $135 offering price. The company raised $75 billion through the sale of 555.6 million primary shares, marking the largest IPO in history. At closing, SpaceX's market capitalization reached approximately $2.11 trillion, making it one of the most valuable U.S.-listed companies. Elon Musk's stake in SpaceX, valued at roughly $1.26 trillion, officially made him the world's first trillionaire.

Read Full Article at Benzinga
← Back to Financial Intelligence