SpaceX began trading on the Nasdaq on Friday after raising $75 billion in the biggest IPO ever. The company listed its shares at $135, valuing the business at nearly $2 trillion. By the end of its first trading session, the stock had surged almost 19% to close at $160.95, pushing SpaceX’s market value above $2.1 trillion. In premarket trading on Monday, shares were up more than 5%, putting the company on track to add another $100 billion-plus to its valuation.Unlike most high-profile IPOs, SpaceX allocated a larger share of stock to retail investors, giving everyday traders a rare chance to participate in one of the most anticipated market debuts in years. Demand was extraordinary. What is your take on the rash to buy SpaceX shares ?
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