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SpaceX's stock rose by 24% during its initial offering on the New York Stock Exchange, boosting CEO Elon Musk's wealth to become the first person to surpass a valuation of one trillion dollars. The company raised approximately $75 billion, a record three times larger than the previous largest IPO, aimed at funding space exploration projects such as sending humans to Mars. Musk reaffirmed the company's aspirations to establish settlements on the Moon and Mars.
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