SpaceX (SPCX) made its historic debut on Friday, opening at $150 per share. Investors’ expectations for the stock were sky-high going into the start of trading.
The company, which aims to put AI data centers in space, priced its shares at $135 each, raising about $75 billion and giving it an anticipated market capitalization of $1.77 trillion. On paper, CEO Elon Musk became the world’s first trillionaire.
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