SpaceX Shares Surge Over 35% to $2.4 Trillion Valuation on IPO Day, Derivatives Show

SPCX8.23%
According to derivatives data from IG International, SpaceX shares surged over 35% to a $2.4 trillion valuation by Friday morning, from the $135-per-share IPO price and initial $1.77 trillion market cap. Derivatives and perpetual futures contracts showed valuations exceeding $2.2 trillion, with over $143 million in trading volume in the past 24 hours. Prediction markets assessed a 70% probability that SpaceX would close its first day with a valuation above $2 trillion.
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