SpaceX · Elon Musk · NBC News Tech
Meet the regular people making money off SpaceX’s IPO, from a few bucks to a few million
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From her bedroom in Miami, Daniella Rodriguez watched SpaceX hit the stock market Friday and blast off.
Key facts
- The IPO raised $75 billion for the company, and investors quickly pushed SpaceX’s valuation past $2 trillion, a sign of how much demand has grown around the company’s AI and space ambitions
- On Friday, when trading on the Nasdaq closed at 4:00 p.m
- Rodriguez had requested five shares at $135 from the online trading platform Robinhood ahead of the IPO
- When SpaceX stock began trading on the Nasdaq exchange shortly before noon Friday, its opening price of $150 propelled Musk, the company’s chairman, CEO and controlling shareholder, into a new tier
Summary
Rodriguez, 23, had a stake in the game: She was allocated one share of SpaceX ahead of its blockbuster initial public offering and she was waiting for the right moment to sell. Seventeen minutes after trading began, Rodriguez made the call. “Investing and trading is a game of probabilities,” she said. The IPO raised $75 billion for the company, and investors quickly pushed SpaceX’s valuation past $2 trillion, a sign of how much demand has grown around the company’s AI and space ambitions.