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SpaceX stocks rise 16% on second trading day
SpaceX's stock rose by 16.47% on its second trading day after its historic initial public offering on NASDAQ, bringing its market value to $2.45 trillion. The total trading volume was approximately 620 million shares, after the company's valuation surpassed one trillion dollars. Elon Musk expects its revenues to exceed $1 trillion by 2030, with projected revenues of $18.7 billion in 2025. Share allocations contributed to raising a total of $85.7 billion in the offering.
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