SpaceX became a publicly traded company on Friday, nearly 25 years after its founding, listing on the NASDAQ at $135 per share and reaching a valuation of about $1.8 trillion. The stock closed at $160.95, a 19% gain, making founder Elon Musk the world's first trillionaire on paper with a personal stake worth over $700 billion. Additionally, thousands of current and former employees became overnight millionaires due to the company's stock options plan, rewarding their decades of hard work.
SpaceX Goes Public with $1.8 Trillion Valuation Driven by AI Potential – What Lies Ahead?
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