SpaceX extends post-IPO surge as valuation tops $2T
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SpaceX's historic IPO raised $85.7 billion, the largest ever, with shares surging 19% on day one to push valuation above $2 trillion. Momentum continued with a further 6% rise, driven by retail and institutional demand and expected index additions. However, analysts warn of potential volatility as options trading begins and share sale restrictions ease in the coming months.
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