Jun. 19 at 3:16 PM
SpaceXs record-breaking IPO boosted founder and CEO’s Elon Musk’s personal stake in the company to more than
$1 trillion. But he isn’t the only one seeing huge gains from SpaceX’s blockbuster listing.
The IPO also minted thousands of new millionaires — and saw stakes of some shareholders surpass the billion-dollar mark.
SpaceX’s debut week on the public markets has seen investors scramble to buy into Musk’s lofty ambitions for the company, but cooling sentiment has pared some of those gains over the past couple of days.
Earlier in the week, its market cap surpassed Amazon
and — briefly — Microsoft
. Thursday’s loss, however, saw SpaceX close at a market cap of
$2.43 trillion, slipping below the ecommerce giant.
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