Space Exploration Technologies Corp., commonly known as SpaceX, listed on the NASDAQ exchange Friday, valuing the company at nearly $1.8 trillion. The stock opened at $135 per share, later trading up to $160.95, resulting in Elon Musk becoming the world's first trillionaire based on his stake in the company.
Thousands of employees, both current and former, have become millionaires overnight due to SpaceX's generous stock options plan. This public listing marks a significant step for SpaceX as it explores its AI potential with implications for future innovation.
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