US · 1 sources covering this

SpaceX pops 11% at open after biggest U.S. IPO in history

SpaceX shares rose 11% in initial trades Friday, placing the company in the top 10 largest companies in the U.S. Why it matters: The $150 price indicates a $1.97 trillion market cap, putting it immediately among the top 10 largest U.S. companies. Driving the news: SpaceX shares priced late Thursday afternoon at $135. If SpaceX were included in the S&P 500 today, it would be over 5% of the overall index based on its current valuation. What they're saying: "I gave SpaceX less than a 10% chanc…

Share:X WhatsApp Reddit Facebook LinkedIn Open ↗

Coverage spectrum

0 L · 1 C · 0 R

How 1 sources are covering this

AxiosCenter·4h ago
SpaceX pops 11% at open after biggest U.S. IPO in history
SpaceX shares rose 11% in initial trades Friday, placing the company in the top 10 largest companies in the U.S. Why it matters: The $150 price indicates a $1.97 trillion market cap, putting it immediately among the top 10 largest U.S. companies. Driving the news: SpaceX shares priced late Thursday afternoon at $135. If SpaceX were included in the S&P 500 today, it would be over 5% of the overall index based on its current valuation. What they're saying: "I gave SpaceX less than a 10% chanc…
Read at Axios →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://statesidedaily.com/embed/cluster/2df7e04f72c24e105db7e4d5aa685c114ab954e5"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="SpaceX pops 11% at open after biggest U.S. IPO in history"></iframe>

SpaceX pops 11% at open after biggest U.S. IPO in history

How 1 sources are covering this