SpaceX's Valuation Surpasses $2 Trillion One Week After IPO
One week after its initial public offering (IPO), SpaceX has seen its stock price rise to around $165 per share, giving the company a market valuation of nearly $2.2 trillion—well above its original $1.77 trillion IPO valuation and 22% higher than the IPO price. The strong investor demand led underwriters to purchase additional shares, increasing total funds raised from $75 billion to over $85.7 billion.
Tickers: $SPCX
Topics: ipo revenue performance space industry stock valuation