SpaceX rally holds, index money moves in but valuation talk grows
Space Exploration Technologies Corp. kept rallying after its Nasdaq debut, closing Monday at $192.50 for a gain of 19.6%. That gave the company a valuation close to $2.52 trillion. Shares began trading Friday as SPCX after SpaceX completed its IPO at $135 a share. This IPO was SpaceX’s first time selling stock to the public.