SpaceX IPO sparks wall street frenzy, reshapes tech, space market
India, June 13 -- SpaceX's long-awaited stock market debut has delivered one of the most dramatic listings in recent financial history, sending shares sharply higher on their first day of trading and instantly transforming the landscape of global markets.
The aerospace company, founded by Elon Musk, raised approximately USD 75 billion in its initial public offering (IPO), with shares priced at USD 135 before trading began under the ticker SPCX. Investor demand proved overwhelming from the opening bell. Shares climbed rapidly, touching intraday highs before closing significantly above their listing price, lifting SpaceX's market valuation to around USD 2.1 trillion.
The blockbuster debut places SpaceX among the most valuable publicly tra...
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