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Former Goldman exec Matt Levine said that a 20% first-day gain is the ideal IPO outcome for SpaceX.
A single Falcon 9 rideshare mission lit a fire under the space sector, but the company that flew the rocket is not leading the rally, and the reasons why reveal something unexpected about how launch demand flows through the industry.
Elon Musk's net worth surged by $61 billion in a day as SpaceX and Tesla shares soared, pushing him closer to trillionaire status amid his new Pentagon defense role and major company successes.