Bloomberg: Elon Musk became a billionaire, SpaceX stock rose 19 percent

The initial subscription price of the share was 135 dollars, which is about 117 euros at today’s exchange rate.

After trading started, the share price rose by about 13 percent to 152 dollars. At its most violent, the course was over 170 dollars.

At the end of the trading day, the share price settled at around $161, a 19 percent increase from the subscription price.

SpaceX’s market capitalization rose to more than $2 trillion, making it one of the world’s most valuable publicly traded companies.

At the same time, SpaceX’s stock market listing made it the main owner About Elon Musk the world’s first billionaire, says the financial news agency Bloomberg.

Technology exchange Nasdaq opened at 16:30 Finnish time, but trading could not be done immediately due to US listing practices.

For example, the big online bank Nordnet asked on their page about SpaceX customers to wait for the start of trading.

Trading finally started a little before seven o’clock in the evening Finnish time.

Listing and the start of trading is held for a year until further notice as the biggest phenomenon in the securities market.

Next come the artificial intelligence companies Open AI and Anthropic, which have already announced their intentions to go public.

SpaceX raised in the subscription offering 75 billion dollars.

The pot can increase by a good ten billion dollars, as the banks acting as underwriters have the option to buy additional shares.