SpaceX shares soar following record-breaking $75 billion IPO

Article excerpt

SpaceX debuted on the Nasdaq Friday with a record-shattering $75 billion initial public offering, the largest IPO ever. Shares opened at $150, immediately soaring in early trading. The milestone marks a watershed moment for Elon Musk's rocket company, which has transformed commercial spaceflight over the past two decades. The offering values SpaceX higher than every major airline and most Fortune 500 companies, reflecting investor appetite for space-sector assets.