What Happened
Celebrations And Protests Mark Historic Public Debut
SpaceX’s record-shattering $75 billion IPO has made it one of the 10 most valuable companies in the world, with a market value exceeding $2 trillion. The company’s shares surged as much as 30% on the first day of trading, with retail investors receiving an unusually large slice of the deal. Celebrations and protests marked the occasion, with some criticizing the wealth generated by the IPO. This story was first reported by Business Insider.