SpaceX became eligible for MSCI global equity index inclusion on its second trading day, June 13, driving fresh institutional demand for the newly listed space company.
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SpaceX shares surged 19% on their Nasdaq debut, closing at $160.95 and briefly pushing the company’s valuation past $2.25 trillion as Musk became the world’s first trillionaire.
SpaceX stock closed at $161 on Friday, jumping 19 percent from its $135 IPO price on its first day of Nasdaq trading, making Elon Musk the world’s first trillionaire.
SpaceX started trading on the Nasdaq on June 12 in the biggest IPO in history, raising $75 billion at a valuation of $1.77 trillion.