
SpaceX's first-day share surge boosted Prince Alwaleed bin Talal's fortune. Kingdom Holding Co. holds 42.4 million SpaceX shares valued at $6.8 billion. Kingdom shares rose 5%, valuing the firm at $14.9 billion. SpaceX raised $75 billion in the largest listing ever, closing up 19% at $160.95.
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Summary by ByteBrief
SpaceX IPO raises $75B, jumps 20% on debut