SpaceX's debut on Nasdaq saw over 522 million shares traded in one day, surpassing the combined trading volume of Apple, Microsoft, Tesla, Meta, and Google. The IPO raised $75 billion at $135 per share, marking the largest IPO ever and pushing SpaceX's market cap above $2.1 trillion. Retail investors showed massive enthusiasm, with 20% of shares reserved for them and over $100 billion in orders placed. Despite the excitement, valuation discipline will be crucial going forward as retail demand remains high.
After a turbulent period marked by a sharp drop in tech stocks and rising market volatility, the market has stabilized following the successful $2 trillion SpaceX IPO. The Nasdaq 100 rose 3% and the S&P 500 climbed 1.7%, with semiconductor stocks hit...
SpaceX's shares surged 17% to $187.70 on the first full trading day after its record-breaking IPO, pushing its market cap above $2.2 trillion and ranking it among the world's six largest companies. The company exercised its greenshoe option, raising ...
The NEOS Nasdaq 100 High-Income ETF (QQQI) surged 3% amid hopes of a permanent ceasefire with Iran and reopening of the Strait of Hormuz, which could lower oil prices, inflation, and interest rates. However, the rally may be short-lived if the Middle...
SpaceX shares jumped 16% to about $187 following its recent IPO priced at $135, driving a rally in the space sector. Rocket Lab's stock rose 7% to $109, benefiting from the positive momentum and strong financial results, including a 64% revenue incre...
SpaceX completed the largest IPO in market history, debuting on Nasdaq with a $2.1 trillion valuation and shares rising 19% from $135 to $160.95. Several actively managed ETFs, including BLOK, DYNF, RONB, MFSG, and FFLG, swiftly added SpaceX shares o...
