SpaceX Soars 19.2% to $160.95 on Debut; Tesla's Five-Year Gain of 997% Offers Long-Term Perspective

According to MarketWatch, SpaceX shares surged 19.2% on their first trading day Friday, closing at $160.95 after pricing at $135 per share. The strong debut has drawn comparisons to Tesla's IPO performance; Tesla gained 997% over five years following its 2010 listing at $17 per share, far outpacing the S&P 500's 120% return over the same period. SpaceX has also signed contracts with Anthropic and Google expected to generate $26 billion in annual revenue, highlighting new revenue streams beyond its core rocket and satellite businesses.
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