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SpaceX Shares Close 19% Higher After Historic $75 Billion IPO

SpaceX Shares Close 19% Higher After Historic $75 Billion IPO

SpaceX shares closed 19% higher on its first day of trading, valuing the company at $75 billion and making it one of the world's most valuable public companies. This initial public offering (IPO) provided investors with a significant return on their investment. The successful market debut also reportedly elevated SpaceX founder Elon Musk to the status of the world's first trillionaire. Bloomberg Tech Co-Host Ed Ludlow discussed the implications of the IPO with David Gura and Christina Ruffini on Bloomberg This Weekend.

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