Elon Musk’s SpaceX soars 20% in blockbuster Nasdaq debut
The stock was trading above $160 in volatile action after last night’s IPO at $135.
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Summary
- SpaceX shares rose 20% in early trading on Friday.
- The stock is trading under the ticker SPCX and had priced its record-setting initial public offering at $135 a share, raising $75 billion and valuing the company at about $1.8 trillion.
- Bitcoin was roughly flat, while AI-related crypto stocks were in the green.
