SpaceX opened trading Friday at $150 per share under the ticker SPCX following the largest IPO in history, with shares quickly climbing above $160 and pushing the company’s market capitalization beyond $2 trillion.
CNBC reports that SpaceX began public trading on the Nasdaq exchange Friday morning after pricing its initial public offering at $135 per share. The opening price of $150 represented an approximately 11 percent gain over the IPO price, though initial indications to trading desks had suggested a higher opening around $175.
Shortly after the market opened, SpaceX stock climbed above $160 per share, valuing Elon Musk’s aerospace and AI…
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