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SpaceX Surges 43% in Two Days Since IPO

8 hours ago

AI summary

SpaceX's stock surged for a second consecutive day, rising about 20% on March 15, bringing its two-day gain to roughly 43%. Its market capitalization surpassed $2.5 trillion, making it the world's sixth-largest company, trailing fifth-place Amazon by about $135 billion. The company's IPO raised $75 billion initially, later expanding to $85.7 billion by exercising the greenshoe option.

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