Get all your news in one place.
100's of premium titles.
One app.
Start reading
MarketBeat
MarketBeat
Jeffrey Neal Johnson

INSANE: Gravity check houston spacex has a valuation problem | Rare Historical Photos

The public debut of SpaceX (NASDAQ: SPCX) is officially in the books, and the sheer velocity of the price action caught even seasoned institutional desks off guard.

Priced at $135 just days ago, SpaceX quickly re-rated, recently pushing past $225 on intraday volume exceeding 200 million shares. This aggressive accumulation briefly sent it beyond the $2.5 trillion market capitalization threshold, cementing SpaceX as one of the most valuable businesses on the planet.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.