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The Economic Times
The Economic Times
Business
Akash Podishetti

SpaceX shares rise 11% in strong Nasdaq debut after $75 billion IPO

SpaceX gained 11% in its Nasdaq debut on Friday, pushing its market valuation to nearly $1.96 trillion as investors rushed to buy shares in the world's largest-ever IPO and Elon Musk's businesses spanning space launches, satellite broadband and artificial intelligence.

The stock opened at $150 per share, above its IPO price of $135.

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