SpaceX began trading on the Nasdaq on June 12 under the ticker SPCX after selling about 555.6 million shares at $135 each and raising $75 billion, the largest initial public offering on record. The stock opened at $150 and closed at $160.95, up 19% from the offering price, lifting the rocket, satellite and AI company’s market value above $2 trillion. The first-day gain made Elon Musk the world’s first trillionaire on paper, with estimates of his net worth around $1.1 trillion after the close....

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