
SpaceX closed its first Nasdaq session at $160.95, a 19% gain pushing its market cap past $2 trillion. The June 12 listing raised $75 billion in the largest IPO in history, with demand quadrupling available shares. A Wall Street strategist flags upcoming index inclusion dates that will force funds to buy shares.
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Summary by ByteBrief
SpaceX Stock Surges 19% on IPO Debut