Business
SpaceX Stock Climbs Back to End Day With Gains
SpaceX shares at some points Friday traded below their first opening-day price from two weeks ago, while the rocket maker’s market cap flirted with levels below $2 trillion, where it hasn’t closed since the biggest listing on record.
Despite all that, the stock bounced back in the last hour to close at $153.23, up 23 cents on the day. For the week, SpaceX shares dropped 17%, a sign of waning enthusiasm for the biggest listing of all time. But for now, they remain comfortably above the opening IPO price of $150.
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