SpaceX vaults over $2 trillion valuation as stock jumps after record IPO (opens original article in a new tab)

SpaceX's stock surged over 20% on its Nasdaq debut, valuing the company above $2 trillion, marking the largest IPO in history with $75 billion raised.

• SpaceX's stock jumped over 20% on its Nasdaq debut, pushing its valuation past $2 trillion.
• The IPO was the largest in history, raising $75 billion, more than double Saudi Aramco's 2019 record.
• SpaceX's valuation faces challenges despite a $28.5 trillion market opportunity and leading position in space launches.