SpaceX stock closes below its IPO price for the first time since it went public

Shares of SpaceX continued their sharp descent Thursday and closed below the company’s IPO price for the first time since its June public offering. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The rocket-maker’s shares slid more than 3% on Thursday to close at $131.11. On June 11, … Read more

Meet the regular people making money off SpaceX’s IPO — from a few bucks to a few million

From her bedroom in Miami, Daniella Rodriguez watched SpaceX hit the stock market Friday and blast off. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Rodriguez, 23, had a stake in the game: She was allocated one share of SpaceX ahead of its blockbuster initial public offering and … Read more

Elon Musk becomes first trillionaire after SpaceX IPO

IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Elon Musk becomes first trillionaire after SpaceX IPO 02:48 UP NEXT Tom Costello sits down with Jared Isaacman and the crew of Artemis III to discuss the next mission 10:43 Artemis III crew to undergo complicated mission featuring … Read more

As SpaceX IPO launches, Texans near its Starbase HQ offer mixed opinions of the rocket company

SpaceX’s headquarters in Starbase, Texas, which sits at the state’s southern tip in the Rio Grande Valley, emerges almost unexpectedly after miles of long, dusty dirt roads. Before SpaceX arrived, the area was known primarily for its coastal wildlife, especially bird watching. Locals say there were a few dozen homes, mostly winter residences for retirees, … Read more

Former SpaceX welder expected to become a millionaire after historic IPO

Before Juan Hernandez became a welder at SpaceX, he had never heard of the company.  “It was just another contract job for me at the time,” he told CBS News correspondent Jo Ling Kent in a broadcast exclusive interview. Now, just over ten years later, that leap of faith could pay off in big ways … Read more

SpaceX set to begin trading after raising $75 billion in record IPO

SpaceX is set to begin trading Friday after completing the largest initial public offering in history, marking the long-awaited Wall Street debut of Elon Musk’s rocket and satellite company. SpaceX on Thursday priced its shares at $135 each, raising $75 billion to finance its ambitious plans, which include establishing a human colony on Mars and … Read more