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SpaceX opens at $150, an 11% pop for the most anticipated debut in history (opens original article in a new tab)

TL;DR

SpaceX's stock opened at $150, an 11% increase from its IPO price, following an oversubscribed offering with limited public shares. The company's IPO generated massive returns for investors and potentially made Elon Musk the world's first trillionaire.

  • SpaceX opened at $150 per share, an 11% increase from its IPO price of $135
  • The IPO was oversubscribed 4x with limited public shares available for trading
  • Founders Fund, Andreessen Horowitz, and Sequoia saw significant returns from their investments

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