SpaceX went public on Nasdaq under the ticker SPCX on June 12 at $135 a share, in a flotation that valued the company at about $1.77 trillion and raised about $75 billion before additional underwriter shares were counted. The IPO ranks as the largest on record, exceeding Saudi Aramco’s $29.4 billion listing, and SpaceX ended its first week of trading 37% above the IPO price. The first-week rally lifted SpaceX’s market value above $2.4 trillion in some accounts and made Elon Musk the world’s f...

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