SpaceX CFO Bret Johnsen Hits Billionaire Status After $75B IPO
SpaceX's huge IPO is putting focus on CFO Bret Johnsen instead of Elon Musk after the company hit public markets. SpaceX priced 555,555,555 Class A shares at $135 apiece and started trading on Nasdaq Friday with the symbol SPCX. Underwriters got a 30-day window to buy up to 83,333,333 more shares at the IPO price. SPCX finished Friday at $160.95, up 19% from its IPO price. Shares opened at $150 and topped $176 during the session. The pop took SpaceX's value over $2 trillion, putting the listing among the year's biggest market debuts.