BUZZ-Musk's SpaceX surges in Nasdaq debut after record $75 billion IPO

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Updates

** Elon Musk's SpaceX SPCX.O jumps in hotly anticipated Nasdaq debut after raising $75 billion in IPO

** Stock opened for trading at $150 apiece vs $135 IPO price, valuing the rocket and satellite maker at $1.96 trillion

** SPCX sold 555.56 million shares in the world's biggest IPO ever

** At $75 billion, IPO proceeds were more than double those of Saudi Aramco's record-setting 2019 offering

** SPCX estimates its market ​opportunity spans $28.5 trillion, a figure it called the largest ​in human history

** U.S. space stocks, including Virgin Galactic SPCE.N, face selloff on Friday as SpaceX made its debut

** Oppenheimer on Thursday initiated coverage on SpaceX with a bullish rating and $190 PT

** Goldman ​Sachs, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan were among joint book-running managers for SpaceX's offering


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