SpaceX launched 24 Starlink V2 Mini Optimized satellites into low-Earth orbit on Monday, its first mission since going public last week. The company's stock surged nearly 15% on the launch day, according to reports.
SpaceX completed its first orbital launch as a publicly traded company on Monday, deploying 24 Starlink V2 Mini Optimized satellites from a Falcon 9 rocket. The mission comes three days after the company's historic Nasdaq debut on Friday, which valued the aerospace giant at $1.77 trillion at the opening bell and made founder Elon Musk the world's first trillionaire.
The stock surged nearly 15% on the launch day, adding to a 19% first-day gain. The share price opened last Friday at $150 after the IPO priced at $135. Monday's flight is part of SpaceX's routine Starlink deployment cadence, but carries symbolic weight as the first revenue-generating mission under public ownership.
As The Zioneer reported on Friday, Musk's 42% stake in the company pushed his net worth above $1 trillion. The Starlink constellation now numbers more than 6,500 active satellites, with the V2 Mini Optimized variant designed for higher throughput and lower orbital drag.
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