SpaceX Stock Closes Up 19% In Record-Shattering IPO Debut (CORRECTED)
Editor’s note: This article has been updated to correct SpaceX’s market cap comparison with other large U.S. companies.
Space Exploration Technologies Corp. (NASDAQ:SPCX) made history Friday, closing its first day of trading at $160.95 per share — a gain of 19.22% from its $135 IPO price.
SPCX stock closed its first day of trading. See all of the news and price action here.
The debut capped the largest IPO in history, with the company raising $75 billion through a sale of 555.6 million primary shares.
Shares opened at $150, reflecting immediate institutional and retail demand well above the offering price of $135.
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