SpaceX stock rises to its highest levels with the start of trading, jumping 25% to $169 above the initial public offering price.

Today, Friday, the American Nasdaq Stock Exchange witnessed loud trading and historic levels of demand with the start of official trading in the shares of the space technology and artificial intelligence company “SpaceX” (SpaceX(under the symbol)SPCX), in its first session after implementing the largest initial public offering in history.

The stock recorded a resounding price jump during the session, as it rose to its highest levels, achieving an increase of 25%, touching the barrier of $169 per share, compared to the initial public offering price that the company had previously specified in its official documents with the US Securities and Exchange Commission (SEC).SEC) at $135.