MediumNeutral
Announced Sat, 13 Jun · 01:39 IST

US stocks: SpaceX shares close 19% higher in historic market debut, value surges past $2 trillion

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AI summary

SpaceX debuted on Nasdaq with shares closing 19% higher, pushing its market value past $2 trillion and making it the sixth-largest U.S. company. The record-breaking IPO raised $75 billion from institutional and retail investors, despite the company reporting a loss in the previous year. The strong listing reflects robust global risk appetite in equity markets.