Although the company valued one of its shares at 135 US dollars, on the first day of trading on the Nasdaq exchange, the share price immediately jumped to 150 US dollars, later rose to 176 US dollars, and ended the first trading session at 160.95 US dollars, writes BBC. This allowed SpaceX to boast the highest valued initial public offering (IPO) in history.
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The following week, the share price rose even further, reaching a daily high of 225 US dollars, which meant that the company surpassed Amazon and Microsoft in market value.
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