SpaceX Closes Its First Day on Nasdaq at $158: The $75-Billion-Raise IPO Is the Largest in Stock-Market History at a $1.75-Trillion Valuation; Goldman, Morgan S... (opens in new tab)

Space Exploration Technologies Corp. (Nasdaq: SPCX) closed its first day of public trading Friday at $158.42 per share, up 17.3% from the $135 IPO price, after Elon Musk's space-and-satellite-broadband company priced 555.56 million shares Thursday evening at a $75-billion total raise and a $1.75-trillion fully-diluted valuation. The transaction is the largest initial public offering in stock-market history. Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup, JPMorgan, Barclays, Deutsch...