IllustrativeSpaceX stock soars 19% on first day of trading following record-breaking $75 billion IPO
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SpaceX's stock has risen significantly on its first day of trading, with some reports indicating a 19% increase. The company's initial public offering, reportedly the largest in history, raised $75 billion. The surge in stock value has reportedly made its founder one of the wealthiest individuals, with some outlets suggesting a valuation of over $2 trillion and the founder becoming the world's first trillionaire.
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