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Elon Musk's SpaceX soars 20% in blockbuster Nasdaq debut
Key takeaways
- The aerospace and satellite internet company priced its initial public offering at $135 per share on Thursday.
- Bitcoin BTC$63,714.32 was roughly flat at $63,400, while AI-related crypto stocks saw modest gains.
- Trading under the ticker SPCX on Nasdaq, the company had been valued at roughly $1.8 trillion based on the IPO price.
The aerospace and satellite internet company priced its initial public offering at $135 per share on Thursday. SpaceX sold 555.6 million shares, raising $75 billion in what stands as the largest IPO ever.
Bitcoin BTC$63,714.32 was roughly flat at $63,400, while AI-related crypto stocks saw modest gains.
Trading under the ticker SPCX on Nasdaq, the company had been valued at roughly $1.8 trillion based on the IPO price.
Article preview — originally published by CoinDesk. Full story at the source.
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