SpaceX IPO is the largest in history
SpaceX initial public offering on Friday is the largest in history, and made CEO Elon Musk the world's first trillionaire. The company's stock price closed nearly 20% up from the opening, valuing the company at nearly $2 trillion. The company will soon be pulled into the Nasdaq 100, meaning millions of workers' retirement accounts will be pulled into the company, and Elon Musk, whose past behavior and grand promises of colonies on Mars, has some financial experts nervous.
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