SpaceX valued at $2.1 trillion after stock launch
SpaceX is now worth $2.1 trillion after its stock launched 19.2% higher in its debut on Wall Street.
The company’s valuation could lead to its inclusion in high-profile stock indexes, such as the S&P 500.
Index funds that track these indexes have proven to be better performers than actively managed funds, with only 21% of U.S. stock funds beating their average index peer over the last decade.