Shares of SpaceX climbed in their first day of trading on Friday following a $75 billion IPO that smashed records and instantly turned the crown jewel of Elon Musk’s empire into one of the most valuable public companies in the world. 

The stock climbed as high as $176.52, or 31% above its offering price, less than two hours after the shares started trading shortly before noon in New York. The jump in price turned Musk into the world’s first trillionaire and sent the company’s market capitalization above $2 trillion. 

For instant reaction and analysis, Bloomberg's Kailey Leinz speaks with:
Yahaira Anand, Bloomberg Television Reporter
Craig Trudell, Bloomberg News Managing Editor of Global Business Coverage
Ed Ludlow, Bloomberg Tech co-host

Shares of SpaceX climbed in their first day of trading on Friday following a $75 billion IPO that smashed records and instantly turned the crown jewel of Elon Musk&rsquo;s empire into one of the most valuable public companies in the world.&nbsp;
The stock climbed as high as $176.52, or 31% above its offering price, less than two hours after the shares started trading shortly before noon in New York. The jump in price turned Musk into the world&rsquo;s first trillionaire and sent the company&rsquo;s market capitalization above $2 trillion.&nbsp;
For instant reaction and analysis, Bloomberg's Kailey Leinz speaks with:
<ul>
<li>Yahaira Anand, Bloomberg Television Reporter</li>
<li>Craig Trudell, Bloomberg News Managing Editor of Global Business Coverage</li>
<li>Ed Ludlow, Bloomberg Tech co-host</li>
</ul>

Listen for today's top stories, with context, in just 15 minutes. 

Each morning, hosts Nathan Hager and Karen Moskow bring you the latest on US politics, foreign relations, business, financial markets and global economics. The show is recorded at 5 AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Listen for today's top stories, with context, in just 15 minutes. Each morning, hosts Nathan Hager and Karen Moskow bring you the latest on US politics, foreign relations, business, financial markets and global economics. The show is recorded at 5 AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Bloomberg Daybreak: US Edition

Listen for today's top stories, with context, in just 15 minutes. 

Each morning, hosts Nathan Hager and Karen Moskow bring you the latest headlines on US politics, foreign relations, financial markets and global economics. The show is recorded at 5AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Listen for today's top stories, with context, in just 15 minutes. Each morning, hosts Nathan Hager and Karen Moskow bring you the latest headlines on US politics, foreign relations, financial markets and global economics. The show is recorded at 5AM ET each weekday, so you get the freshest reporting on the stories that matter. Get informed from Bloomberg's 3,000 journalists and analysts. Listen and subscribe to Bloomberg Daybreak: US Edition.

Instant Reaction: SpaceX Jumps in First Trades Following Record $75 Billion IPO

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An arrest in Levittown kicks off the next phase of an investigation. The central question for the prosecutors is: Is any of this a crime? And they’re on the clock.

For official transcripts and additional information on this series, go to bloomberg.com/levittown

An arrest in Levittown kicks off the next phase of an investigation. The central question for the prosecutors is: Is any of this a crime? And they&rsquo;re on the clock.
For official transcripts and additional information on this series, go to bloomberg.com/levittown

BONUS SERIES: Levittown Episode 4  |  'How Is That Not Illegal'

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Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.
In the US – a look ahead to US housing data, with a focus on 3 stocks for the week ahead.
In the UK – a look ahead to a key summit in Berlin.
In Asia – a look ahead to a monetary policy decision from the Bank of Korea.

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week.
<ul>
<li>In the US &ndash; a look ahead to US housing data, with a focus on 3 stocks for the week ahead.</li>
<li>In the UK &ndash; a look ahead to a key summit in Berlin.</li>
<li>In Asia &ndash; a look ahead to a monetary policy decision from the Bank of Korea.</li>
</ul>

Daybreak Weekend: US Housing, Germany Summit, BOK Decision

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Today's top stories, with context, in just 15 minutes.
On today's podcast:
1) Federal Reserve Chairman Kevin Warsh did nothing to dispel market expectations that the US central bank will hold interest rates steady when it meets at the end of the month. In a moderated discussion Friday morning in Bangkok at the International Monetary Fund’s annual meetings, Warsh made no remarks on monetary policy or his outlook for the US economy, apart from reiterating that the Fed will deliver price stability.
2) Republican Senator Dan Sullivan emphasized where he differs from Donald Trump, just days after the president headlined an Alaska rally for his embattled reelection campaign.At a debate Thursday with Democratic challenger Mary Peltola, Sullivan distanced himself from Trump on issues including Ukraine and healthcare, showing how even Republicans with strong White House ties are navigating voter dissatisfaction with some administration policies.
3) President Donald Trump declined to rule out using a weapon known as the “Mother of all Bombs” on Iran after the US midterm elections.“Well the mother of all bombs is not nuclear,” Trump said in an interview with Newsmax broadcast on Thursday night. “It’s not nuclear at all, just an extremely large bomb. It’s like a tiny nuclear bomb. But the mother of all bombs is one big bomb, but it’s not nuclear,” Trump said.

Today's top stories, with context, in just 15 minutes. On today's podcast: 1) Federal Reserve Chairman Kevin Warsh did nothing to dispel market expectations that the US central bank will hold interest rates steady when it meets at the end of the month. In a moderated discussion Friday morning in Bangkok at the International Monetary Fund&rsquo;s annual meetings, Warsh made no remarks on monetary policy or his outlook for the US economy, apart from reiterating that the Fed will deliver price stability. 2) Republican Senator Dan Sullivan emphasized where he differs from Donald Trump, just days after the president headlined an Alaska rally for his embattled reelection campaign.At a debate Thursday with Democratic challenger Mary Peltola, Sullivan distanced himself from Trump on issues including Ukraine and healthcare, showing how even Republicans with strong White House ties are navigating voter dissatisfaction with some administration policies. 3) President Donald Trump declined to rule out using a weapon known as the &ldquo;Mother of all Bombs&rdquo; on Iran after the US midterm elections.&ldquo;Well the mother of all bombs is not nuclear,&rdquo; Trump said in an interview with Newsmax broadcast on Thursday night. &ldquo;It&rsquo;s not nuclear at all, just an extremely large bomb. It&rsquo;s like a tiny nuclear bomb. But the mother of all bombs is one big bomb, but it&rsquo;s not nuclear,&rdquo; Trump said.

Warsh Boosts Rate Hold Expectations; Midterm Debates Ramp Up Nationwide

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Instant Reaction: SpaceX Jumps in First Trades Following Record $75 Billion IPO

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