Elon Musk’s SpaceX began trading on June 12 at 10 a.m. under the SPCX ticker on the Nasdaq in what is the largest initial public offering (IPO) in history.
It has been looking to raise $75 billion by selling 555.6 million shares at $135 apiece.
By the end of the trading session, Musk could become the world’s first trillionaire.
“The IPO parade, which now looks like it’s turning into a stampede, has been coming for a while,” Mark Klein, president and CEO at SuRo Capital, said in a note emailed to The Epoch Times.
“SpaceX is going to be the bellwether. From our perspective, we’re excited.”…