SpaceX shares have just open at $150, just 11% above the targeted $135 dollar but below the initially indicated $171 mark.
The stock immediately jumped 12% to establish an intra-day high of $168.40 as of this writing.
When trading opened at $150 and shares rallied as high as the $168 range (up nearly 20%+ intraday from $135), SpaceX’s market cap exceeded $2 trillion, lifting Musk’s SpaceX portion above $1 trillion and his total net worth estimates to $1.3 trillion or more.
However, these figures represent paper wealth subject to lock-up restrictions, market volatility, and adjustments for illiquidity.
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