SpaceX Clears Its IPO Price
🚀 SpaceX Clears Its IPO Price
SpaceX is above its IPO price after 90 trading days, unlike Facebook at the same point. The company’s roughly $75 billion IPO priced shares at $135, and the stock closed at $147.79, up 9.5%. Facebook took more than 14 months to close back above its IPO price.
SpaceX still trails Arm and Alibaba, both up more than 40% after 90 trading days. The path has also been volatile, with shares reaching $201.80 in June before falling to $108 in August. At this point, the comparison shows relative post-IPO performance, not a steady climb.
✔️ @venture
