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Manila Times Business

SpaceX surges past $2 trillion in Nasdaq debut, closes in on Amazon

SPACEX shares jumped 19 percent in their Nasdaq debut on Friday, sending the company’s value past $2 trillion to make it the sixth-biggest US company by value and turning Elon Musk into the world’s first trillionaire. Investors jumped at the chance to get a piece of Musk’s sprawling empire spanning rockets, satellites and artificial intelligence (AI) after the record-setting $75-billion initial public offering (IPO). More than 510 million shares worth about $84 billion changed

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Source: manilatimes.net

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