SpaceX shares jump over 9% as record IPO gains extend into second day
New Delhi, June 15 -- Shares of Elon Musk's SpaceX jumped 9.2% on Monday, 15 June, reaching $176 apiece after making a blockbuster debut on Nasdaq last week. The listing marked Wall Street's largest public offering in history, giving the rocket maker a market valuation of more than $2 trillion and reportedly making Musk the world's first trillionaire.
The stock debuted at $150 apiece, an 11% premium to its issue price of $135, and soon gained further momentum to touch an intraday high of $176.52 before ending its debut session at $160.95, representing a 19% gain over the IPO price.
Space Exploration Technologies Corp, as the company is officially known, is now the sixth largest publicly listed company in the United States, surpassing Mu...
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