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SpaceX shares rise 36.3% on NASDAQ debut
SpaceX experienced a historic milestone on the NASDAQ, as its share price immediately jumped by 36.3% to reach $184 after its initial public offering, which valued the company at $75 billion—the largest IPO ever. The company's market capitalization exceeded $2.4 trillion, and it integrated three strategic sectors: space and logistics, satellite internet, and artificial intelligence. The offering saw record-breaking interest with over $250 billion in demand, amidst expectations that Elon Musk will take further steps toward becoming a trillionaire.
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