Despite the excitement, SpaceX remains unprofitable and generates significantly less revenue than several technology companies with comparable market valuations. The listing proceeded without major disruptions, in contrast to some high-profile public offerings of the past. Trading began late on Friday morning and the stock eventually closed at $160.95 per share, giving the company a market capitalisation of approximately $2.1 trillion.
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Record SpaceX IPO rockets Trill’Elon’aire Musk as stock ends at $161
- by The News Vista
- June 12, 2026
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- 8 hours ago

