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The Economic Times — Marketseconomictimes.indiatimes.com

SpaceX shares rise 11% in strong Nasdaq debut after $75 billion IPO (opens original article in a new tab)

TL;DR

SpaceX's Nasdaq debut saw shares rise 11%, valuing the company at $1.96 trillion with a $75 billion IPO, making it the largest in history and turning Elon Musk into a trillionaire. The stock's performance will test investor appetite for tech-driven growth stories.

  • SpaceX shares rose 11% on Nasdaq debut, valuing the company at $1.96 trillion
  • The IPO raised over $75 billion, making it the largest in history and turning Elon Musk into a trillionaire
  • SpaceX's valuation could increase if underwriters exercise additional share options

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