SpaceX stock ended higher in its first week of trading, even though its rough ride showed the largest-ever IPO was not immune to the type of share-price volatility that tends to rock big companies after they go public.
Shares of Elon Musk’s rocket, satellite and artificial intelligence company fell 3.6% Thursday, bringing a two-day decline to 8.3%. Still, the company ended its first week of trading as a public company 37% above the $135 price of its record initial public offering. The company’s total market capitalization at close was $2.4 trillion, making it the sixth-largest company in the world. ...
