SpaceX Stock Begins Trading at $160.83, Up 19% from IPO
SpaceX stock (SPCX) started trading at $160.83 per share, a 19% gain from its IPO price, pushing the company's valuation to $2.1 trillion and making it the 7th largest public company globally.
SPCX
SpaceX stock ($SPCX) has officially begun trading on public markets, with shares opening at $160.83 each. That represents a 19% increase over the stock's initial public offering (IPO) price.
At this valuation, SpaceX becomes a $2.1 trillion company, ranking as the seventh largest publicly traded corporation in the world by market capitalization.
Note: The report comes from a market commentator and has not been independently verified. SpaceX is not conventionally listed on major exchanges.
Source: The Kobeissi Letter