US stocks: SpaceX shares close 19% higher in historic market debut, value surges past $2 trillion (opens original article in a new tab)

SpaceX made a historic stock market debut, with shares rising 19% and the company's value exceeding $2 trillion, marking the largest IPO in history with $75 billion raised.

• SpaceX shares closed 19% higher on their Nasdaq debut, valuing the company over $2 trillion
• The IPO raised $75 billion, making it the world's largest IPO, surpassing Saudi Aramco's 2019 offering
• SpaceX's valuation faces scrutiny due to its $5 billion loss last year and high price-to-revenue ratio of 110