SMH
·general
·2 hours ago
SpaceX set to surge past $2.8 trillion valuation in Wall Street debut
SpaceX debuted on Nasdaq Friday, aiming for a market valuation exceeding $2.8 trillion. Shares opened around $175, reflecting a 30% jump from its IPO price. The record listing reinforces Elon Musk's status as the first trillionaire, despite a $5 billion loss last year, marking a pivotal moment for future mega-IPOs.
Summary by OZbrief · SMH
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