CoreComm Internet

Features

Make this your home page

SpaceX opens 11% higher at $150 a share and makes Musk the first trillionaire

NEW YORK (AP) — SpaceX jumped 11% as the rocket maker’s stock opened for trading. That price gives the company a market value of $1. 96 trillion and is enough to make CEO Elon Musk the first-ever trillionaire. Institutional and retail investors jumped at the opportunity to buy 555. 6 million shares of SpaceX at the offering price of $135 apiece, making it the biggest IPO in history with proceeds of $75 billion. Musk says the company is going public because it needs money to fund its of and...

Read More
 

----------
Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

CoreComm is not responsible for content on external sites. Please review the privacy and security policies of each vendor before making online purchases or providing personal information. Forecast Information Provided by AccuWeather.