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SpaceX shares increase by 30

SpaceX shares increase by 30

SpaceX announced its financial performance following its initial public offering, with shares opening at $150 and rising to over $176, resulting in a market capitalization exceeding one trillion dollars. The company, which has maintained positive cash flows since 2015, plans to raise capital to develop over 100,000 satellites and enhance its artificial intelligence projects in space, including building data centers and expanding Starlink satellite internet operations.

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