SpaceX shares rise 18% in early trading during historic IPO

SpaceX shares rise 18% in early trading during historic IPO

Shares of SpaceX rose 18% above their IPO price Friday in morning trading on the Nasdaq, as Elon Musk’s rocket company made its public debut. The company sold 555 million shares at $135 and raised $75 billion from institutional and retail investors in its initial public offering. Shares, under the ticker SPCX, opened at $150 … Read more

David Solomon’s Annual Intern Letter: SpaceX, M&A, and How to Thrive

David Solomon’s Annual Intern Letter: SpaceX, M&A, and How to Thrive

Goldman Sachs’ youngest employees are walking into an “innovation supercycle.” CEO David Solomon said as much in his annual welcome letter to interns, sent Friday to the entire firm, where he also celebrated Goldman’s position as lead left bookrunner on SpaceX’s historic IPO. He’s sent a similar note every year since 2019, and said last … Read more