Elon Musk's space corporations SpaceX began transaction at $150 per share on the Nasdaq in the United States on the 12th (local time).
As of 12 p.m. that day, SpaceX is transaction at $162 per share. That is 20% higher than the offering price of $135.
SpaceX shares began their first transaction later than the start of regular trading that day. Typically, initial public offering (IPO) corporations with large sizes set the opening price by gathering buy and sell orders to reduce share price volatility, so the start time of transaction can be somewhat delayed.
SpaceX said in a filing submitted to the U.S. Securities and Exchange Commission (SEC) the previous day that it would raise a total of $75 billion at $135 per share. The resulting corporations value is assessed at $1.77 trillion.
Musk said in a speech in front of employees at Starbase, SpaceX's headquarters in Texas, that he hopes "SpaceX can take you to the moon and Mars, and ultimately beyond."