Retail mania and tight float propel SpaceX past tech titans despite steep losses

SpaceX stock SPCX surged over 10% on its second trading day, pushing market cap past $2.3 trillion after the largest IPO in history raised $75 billion.

SpaceX hit a $2.5 trillion valuation days after its Nasdaq IPO, becoming the sixth largest public company. Crypto exchanges offered tokenized shares via

SpaceX shares surged for a second day, adding to initial gains and pushing its market value over $2.3 trillion. This valuation places the company among the world's top six…