SpaceX closes at 161 after its first day of trading on the stock exchange. This is nearly 20 percent higher than the introductory price, and the photo shows the aerospace company's employees cheering at the market close. Photo: Timothy A. Clary/Ritzau Scanpix
SpaceX rises nearly twenty procent on first trading day
On its first day of trading on the New York Stock Exchange, SpaceX stock closed at $161, nearly 20 percent higher than its $135 introductory price. This history-making IPO of over 555 million shares will bring the aerospace company $75 billion, surpassing Saudi Aramco’s 2019 record of $29.4...
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