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Why SpaceX Stock Skyrocketed Today


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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Source Fool.com

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