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News · 12 June 2026

SpaceX shares jump 19% after $75bn IPO

SpaceX shares jump 19% after $75bn IPO

Elon Musk's SpaceX has just made the biggest initial public offering in history, raising a record $75 billion for its ambitious plans. Shares started trading on the Nasdaq Stock Exchange on Friday, opening at $150 after strong investor interest. The stock then closed up 19% from its $135 offer price, reaching $160.95.

Reported by CBS News · How we write briefs

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