SpaceX shares surged by 20% in early trading on Friday. The stock, listed under the ticker SPCX, had set its record-breaking initial public offering (IPO) price at $135 per share, raising $75 billion and putting the company’s valuation at approximately $1.8 trillion. Bitcoin remained relatively stable, while stocks linked to AI saw positive movement. SpaceX shares commenced trading at $150 on Friday, climbing to $162, indicating a robust beginning for one of the most highly anticipated stock market debuts in recent history. The aerospace and satellite internet firm announced its IPO price of $135 per share on Thursday, selling 555.6 million shares and achieving the largest IPO to date. Bitcoin (BTC) was around $63,758.46, with a slight dip to $63,400, while AI-related cryptocurrencies exhibited small gains. Trading on Nasdaq with the ticker SPCX, SpaceX’s valuation was approximately $1.8 trillion based on the IPO price. This debut presents public investors with their first opportunity to acquire shares in a company that has transformed the commercial space sector with its reusable rockets and developed one of the largest satellite networks globally through Starlink. The satellite internet venture has significantly contributed to growth by servicing customers in remote regions where traditional broadband access is challenging. Last year, SpaceX reported revenue of about $19 billion from launch services, government contracts, and Starlink operations. Additionally, investors are gaining access to one of the largest bitcoin holdings among publicly listed companies. As of March 31, SpaceX held 18,712 bitcoins, which, at the current price of around $63,500, are valued at nearly $1.2 billion.