SpaceX Debuts on Nasdaq with Historic IPO, Shares Open at $150

Elon Musk's reusable rocket company, SpaceX, made its public market debut on the Nasdaq under the ticker symbol SPCX. The company's initial public offering (IPO) was priced at $135 per share, valuing the company at approximately $1.77 trillion. Shares opened for trading at $150, making founder Elon Musk the world's first trillionaire. The IPO is set to raise roughly $75 billion from the sale of 555.6 million shares.