SpaceX public listing makes history
Way back on July 20, 1969, the United States made history when astronaut Neil Armstrong took the first steps on the moon and, with great drama, verbally confirmed the historic event back to earth. Now Elon Musk and SpaceX have achieved a somewhat comparable milestone. On June 12, the much-anticipated and highly-hyped initial public offering of SpaceX proved a success of stratospheric proportions. The stock quickly rose 19 percent. Musk has become the first trillionaire in history. Make that the first trillionaire on earth. Musk is anxious not only to explore other planets but also populate them. There is no doubt that he is a visionary, in multiple meanings of that term. When he talks, we should pay attention – though not necessarily agree. SpaceX quickly became the sixth most valuable publicly listed company, boasting a capitalization of $2.1 trillion. Shares began trading at $150, 11 percent above the initial public offering price of $135, The share price at the end of the first trading day was $160.95. Significantly, the five companies with greater initial value than SpaceX are all c