SpaceX to list on US stock market at historic $1.77tn valuation
www.theguardian.com
Initial public offering for aerospace and AI company made Musk the world’s first trillionaire as share prices jumped

SpaceX made the biggest stock market debut in history on Friday after nearly two and a half decades as a private company.

Public trading began around midday with a starting share price of $150, which quickly jumped by a double digit percentage and sent the company’s valuation above $2tn, where it remained through market close.

The company’s initial public offering made the company’s CEO, Elon Musk, the world’s first trillionaire.

  • BigMacHole
    37·
    2 days ago

    I’m GLAD we’re Focusing on Important things like Helping STARVING Americans! Helping STARVING Children! CHANGING the Rules of the Stock Market to FORCE your Retirement to fund Elon Musk’s Trillionaire STATUS!

    • FilesForWallabies@piefed.socialEnglish
      9·
      2 days ago

      Musk cares about starving children. He made sure we didn’t give government money to them so they could starve better. He also made sure kids sick with treatable diseases could die faster. Efficiencies!

    • 9488fcea02a9@sh.itjust.works
      3·
      2 days ago

      S&P rejected the rule changes. Only the nasdaq funds are forced to buy. And they wont buy much since the float is so low

      Yes, musk is a shithead, and spacex is wildly overpriced, but dont believe the doom and gloom you read