SpaceX shares rise after historic IPO

SpaceX experienced a significant surge in its shares following its listing on the NASDAQ stock exchange, with an initial increase of 6 percent at the start of trading. Last Friday, its stock closed up by 19 percent at $161, boosting its market value to over one trillion dollars. Despite this strong performance, the company faces concerns about its high valuation and reported losses of approximately $5 billion in 2025, amid continued substantial capital expenditure on projects such as artificial intelligence and the Starship vehicle. Market analysis shows mixed predictions for the stock's value, with some analysts deeming its valuation inflated, while others believe long-term successes will sustain its dominance in the space industry.

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