BCGAME - Free 5BTC Daily Bonus!- SpaceX debuts on the stock market with a valuation exceeding $2 trillion.
- Elon Musk becomes the world's first trillionaire.
- SPCX shares surge after largest IPO in history.
SpaceX's debut on Wall Street made financial market history by registering the largest initial public offering ever. The company founded by Elon Musk raised US$75 billion in its IPO, surpassing the record previously held by Saudi Aramco and attracting strong interest from institutional and retail investors.
The company's shares began trading under the ticker SPCX. Although initial expectations pointed to an opening price of $135 per share, the market reacted more aggressively, and the assets began trading at $150.
In the first few minutes after the opening bell, volatility took over the trading session. The share price quickly advanced towards the US$170 range, a level that led to a temporary halt in trading. After the resumption, the shares pared some of their gains, but continued to trade above the initial price.
BREAKING: Elon Musk officially becomes the world's first trillionaire as SpaceX, $SPCXStock trading begins. pic.twitter.com/oSmBxDYuIz
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SPCX's performance immediately boosted SpaceX's market valuation to over US$2 trillion. At this value, the company joined the ranks of the world's largest listed companies, ranking among the top ten global assets by market capitalization. This valuation placed the company ahead of Broadcom and close to giants like TSMC.
The move also had a direct impact on Elon Musk's fortune. With the increase in SpaceX's value and the setting of a trillion-dollar valuation for the company, the entrepreneur reached a net worth exceeding US$1 trillion, becoming the world's first trillionaire.
Founded in 2002, SpaceX has expanded its operations far beyond space launches. Currently, the company operates in areas such as telecommunications, artificial intelligence, and technological infrastructure, segments that helped sustain investor interest during the initial public offering (IPO) process.
In the public offering, the company put 556 million shares up for sale. Individual investors were able to participate in the operation through platforms such as Charles Schwab, Fidelity, SoFi, E*Trade, and Robinhood.
"All eligible customers who completed the confirmation process have received at least a portion of their requested order," a Charles Schwab spokesperson told CNN.
The strong demand observed during the debut reinforced market interest in companies linked to advanced technology, space exploration, and artificial intelligence, sectors that continue to attract the attention of global investors.
