SpaceX IPO signals new bull market leg

SpaceX's landmark IPO, the largest in history, could trigger a new wave of stock market gains, according to Evercore ISI strategist Julian Emanuel. The rocket company priced at $135 per share on June 11, valuing it at $1.78 trillion, and opened at $150 on Nasdaq. The debut mirrors Netscape's 1995 IPO, which launched the internet era.