Why SpaceX Stock Skyrocketed Today
The largest IPO in history was even bigger than you think.
Overview
Shares of SpaceX (NASDAQ: SPCX) continued their ascent on Monday as the massively popular IPO stock completed its second day of trading as a public company.
Image source: Getty Images.
SpaceX's initial public offering (IPO) was by all accounts a blockbuster. Elon Musk's space exploration juggernaut raised $75 billion dollars by selling over 555 million shares of its stock to investors at an IPO price of $135 per share.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.