SpaceX shares commenced public trading at a price of $160.83, representing a 19% increase over the initial public offering price. This market activity establishes the aerospace firm's total valuation at $2.1 trillion.
The company now ranks as the seventh-largest public entity globally by market capitalization. This debut follows the issuance of shares under the ticker symbol SPCX, marking a significant milestone in the private space sector's transition to public markets.