SpaceX (NASDAQ: SPCX) closed its first trading day at $160.95, up from its $135 IPO price. By June 16, the stock reached $201.80, pushing its market value to about $2.6 trillion. The company completed 161 commercial launches in 2025, controlling 82% of the U.S. commercial launch market.
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Summary by ByteBrief
Jim Cramer sends a stern message to SpaceX buyers