SpaceX reaches $2.1 trillion market cap on first day of trading

SpaceX hits $2.1 trillion market cap on first day of trading, surpassing six other companies including Taiwan Semiconductor, which reaches $2.199 trillion. The stock rises 19.22% from $135 to $160 per share. The IPO completes in one day, drawing sharp contrast to prior dot-com era IPOs that often doubled in a day.