NewsNTech
SpaceX shares have surged 37% since the company's historic market debut last week, which priced the offering at $135 per share, lifting Elon Musk's stake in the launch and satellite provider past $1 trillion.
The move cements SpaceX as one of the most valuable companies to enter public markets in recent memory and validates the long-held private-market valuations that skeptics spent years questioning.
Musk is not alone in benefiting: the debut has produced a cohort of billionaire shareholders whose fortunes scaled with the post-listing rally.
A $135 Entry Point and What Came After The IPO price of $135 per share now looks like a discount after a 37% advance in the days following the debut.
Keep reading