Markets.News
In a historic move, Space Exploration Technologies Corp. (NASDAQ: SPCX) made its market debut with a closing price of $160.95 per share, marking a 19.22% increase from its $135 initial public offering (IPO) price. The company raised a record-breaking $75 billion through the sale of 555.6 million primary shares, making it the largest IPO in history. The stock opened at $150, indicating strong institutional and retail demand surpassing the offering price. This significant IPO performance positions SpaceX as a major player in the market. More details are available on Benzinga.com.