SpaceX stock is up 9% in premarket trading, indicating an open above $200 and a market cap over $2.9 trillion. That would put SpaceX roughly in line with Microsoft's $2.95 trillion market cap. The combined market cap of SpaceX and Tesla would approach Apple's $4.3 trillion.
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Summary by ByteBrief
SpaceX reaches $2.1 trillion market cap on first day of trading