Economic TimesLean R·
US stocks: SpaceX shares close 19% higher in historic market debut, value surges past $2 trillion
SpaceX soared in its Nasdaq debut on Friday, sending its value past $2 trillion, as investors jumped at the chance to get a piece of Elon Musk's sprawling empire spanning rockets, internet service and AI after a record-setting IPO. The launch was smoother than many observers expected, with trading kicking off late on Friday morning, swinging for most of the session between gains of 15% and 30% above Thursday's pricing with little in the way of volatility. Shares ended the day at about $161 a sh…
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