SpaceX closed its first trading day with a $2.1 trillion market cap after pricing at $135 and closing near $160, a 19% gain. The company is now one of the world's six largest firms, trailing only Taiwan Semiconductor. The IPO's smooth absorption bodes well for upcoming large offerings from Anthropic and OpenAI.
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Summary by ByteBrief
SpaceX IPO Hits $2 Trillion Market Cap