Spacex Raises $75 Billion in Record IPO

SpaceX raised $75 billion in the largest initial public offering ever, selling over 555 million shares at $135 each. The stock opened at $150 and surged to $165, valuing the company above $2.1 trillion. The Nasdaq-100 will now admit IPO companies after only 15 trading days if their market cap ranks within the top 40 stocks.