SpaceX Stock Jumps 20% on Second Trading Day, Lifts Musk's Net Worth to $1.3 Trillion

BTC1.40%
According to Bitcoin.com News, SpaceX stock surged approximately 20% on its second full trading day, boosting Elon Musk's net worth by roughly $165 billion to near $1.3 trillion. The company's market valuation briefly topped $3 trillion on Monday, days after its Nasdaq IPO at $135 per share, which had raised about $75 billion at an initial valuation near $1.77 trillion. SpaceX's 18,712 BTC treasury has drawn Wall Street attention as one of the largest corporate bitcoin holdings, reinforcing the company's position as a major institutional player in the crypto space.
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