SpaceX began trading on the Nasdaq on Friday under the ticker SPCX, rising sharply from its initial public offering price of $135 a share.
The aerospace company priced its record IPO on Thursday, selling 555.6 million shares to raise $75 billion. That valued SpaceX at about $1.8 trillion at the offering price.
Shares opened at $150 on Friday and climbed as high as $176 before closing at $160.95. The stock finished nearly 20 percent above the IPO price, giving the company a market value of $2.1 trillion.
SpaceX reported about $19 billion in revenue last year from launch services, government contracts and Starlink operations. It also held 18,712 Bitcoin as of March 31.
Some crypto platforms that had offered tokenized versions of SpaceX shares scrapped those products after the official listing began.
