2 Days
Source:
New York Post
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SpaceX debut triggers trading surge
Elon Musk’s SpaceX had its historic IPO on the Nasdaq, valuing the company at $2.15 trillion and making Musk the world’s first trillionaire. The debut saw the stock rise 19%, but it also caused a sharp decline in other space and satellite stocks, as investors shifted focus and liquidity moved toward SpaceX. This trading frenzy raises concerns about market volatility and potential impacts on future IPOs, especially with AI firms also planning IPOs later this year.
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