SPCX opens at $150 per share.

As reported by CNBC, the New York Times, and others, trading commenced at a price 11 percent above the $135 IPO price, but lower than the $175 shown in some earlier indications. It’s already spiked as high as $167, before falling back to $155. As long as the share price remains above $138, that is enough to make Elon Musk the world’s first trillionaire. [Link: Space Exploration Technologies Corp. Class A Common Stock (SPCX) | https://www.nasdaq.com/market-activity/stocks/spcx | NASDAQ]

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