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SpaceX was launched in its historic initial public offering (IPO), with its shares rising by 19%. The share price reached $161, compared to the offering price of $135, raising the company's valuation to over two trillion dollars. Despite the high demand for the shares, many small investors received limited allocations, leading to a wide range of buying and selling activity—some investors expressed their intention to hold while markets anticipated a wave of selling once the lock-up period ends. The offering saw unprecedented demand from investors across various platforms. The future of the stock price remains uncertain, as trading continues and fluctuations are possible.
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