SpaceX shares surge 19% on first trading day after record-breaking $75 billion IPO
By
Mary Cunningham
Pure flour-power. Hearty enough to carry you through lunch.
Summary
SpaceX made a blockbuster stock market debut on Friday, with shares closing at $160.95, up 19% from the IPO's $135 offer price. The stock peaked at $176.52 in intraday trading. The Elon Musk-controlled company completed the largest initial public offering in history, with shares opening at $150 on the Nasdaq exchange.
Key quotes
· 3 pulledSpaceX made a blockbuster stock market debut on Friday, with its shares taking flight after the Elon Musk-controlled company completed the largest initial public offering in history.
SpaceX shares, which opened at $150 on Friday, closed at $160.95, up 19% from the IPO's $135 offer price.
The stock peaked at $176.52 in intraday trading, a gain of...
You might also wanna read
SpaceX Sets Record for Largest IPO in History at $1.77 Billion Valuation
SpaceX, Elon Musk's aerospace and technology conglomerate, has set a record for the largest IPO in history with an initial valuation of appr
Variety·2d agoSpaceX IPO Makes Elon Musk World's First Trillionaire as Stock Opens at $150
SpaceX's highly anticipated IPO launched at $135/share, giving it a ~$1.77 trillion valuation and making Elon Musk the world's first trillio
Variety·1d agoSpaceX IPO Makes Elon Musk World's First Trillionaire as Stock Opens at $150
SpaceX's highly anticipated IPO launched at $135/share, giving it a ~$1.77 trillion valuation and making Elon Musk the world's first trillio
variety.com·1d agoSpaceX's Record-Breaking $1.77 Trillion IPO: Inside the Largest Public Offering in History
SpaceX's IPO is analyzed as the largest in history at a $1.77 trillion valuation, surpassing Saudi Aramco. However, only about 4% ($75 billi