SpaceX (SPCX.O) rose about 19% on its Nasdaq debut Friday, closing near $161 and
lifting its market value above $2.0 trillion to become the sixth-largest U.S.
company. Intraday moves ran roughly +15% to +30% versus Thursday’s pricing;
trading volume exceeded 500 million shares with turnover around $80 billion.
Final settlement price remains to be determined. The listing was smoother than
many expected, easing near-term concerns that a wave of large IPOs, including
planned listings by Anthropic and OpenAI, could weigh on markets after a long
lull in new offerings.
