SpaceX shares surged 19% on its first full trading day on the Nasdaq, closing with a market cap of $2.1 trillion, according to reports. The gain builds on an already historic IPO that made Elon Musk the world's first trillionaire.
SpaceX shares closed the first full trading day at $178.50 per share, a 19% gain from the $150 opening price on Friday, giving the company a market capitalization of $2.1 trillion. The rally extends the momentum following the company's landmark Nasdaq debut, which was priced at $135 per share. As The Zioneer reported at 17:10 Jerusalem, Elon Musk rang the opening bell on Thursday as SpaceX began trading under the ticker $SPCX. Musk's 42% stake in the company is valued at approximately $866 billion. The closing price pushes Musk's net worth further past the trillion-dollar mark, cementing his status as the world's first trillionaire — a milestone The Zioneer reported on at 18:52 Jerusalem following the trading debut. No updated personal net worth figure has been released with today's close.
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