SpaceX Surges Post-IPO as SPCX Hits Nasdaq 100, Price and Valuation Move
SpaceX soared 24% above its $135 IPO price to $167.83 in its Nasdaq debut, valuing the company at about $2.2 trillion; the next major catalyst is expected fast-track inclusion in the Nasdaq 100, which could drive further demand from index funds, but current financials show losses and heavy AI spending after the xAI merger. (Reuters)