SpaceX stock surges in Nasdaq debut

SpaceX commenced trading on the Nasdaq, with its stock opening at $150 per share, an 11% increase from its offering price of $135. The stock experienced further gains, reaching as high as $168.75 shortly after its market debut. This strong performance indicates significant investor confidence in the company's prospects. The successful IPO marks a major financial event for SpaceX and its stakeholders, potentially impacting the broader aerospace and technology sectors.