SpaceX opens at $150, an 11% pop for the most anticipated debut in history

SpaceX opened for trading at $150 per share on Friday, marking an 11% increase from its initial public offering (IPO) price of $135. This debut represents the most anticipated public listing in history, with the company's stock immediately trading above its set IPO valuation. The trading began on Friday, signaling a significant moment for the aerospace manufacturer and space transportation services company founded by Elon Musk. The initial trading activity suggests strong investor confidence in SpaceX's future growth and its prominent position in the space industry. The company's valuation at the IPO was $175 billion, and its market capitalization quickly surpassed this figure in early trading.