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This morning, SpaceX listed on Nasdaq under the ticker SPCX at $150.The company originally priced at $135 a share, raising $75 billion at a $1.8 trillion valuation – the largest IPO in stock market history.
The IPO has been surrounded by hype on all sides for months now. It’s viewed as symbolic of the emerging space stock theme, where more and more public companies that deal in satellite launches, orbital imaging, and soon-to-be space-based AI data centers are fighting for investor capital.