If You Invested $5,000 in SpaceX at Its Opening Price, Here Is What It Is Worth Today
Yahoo Finance ·
When Space Exploration Technologies ( SPCX +7.18% ) opened to the public on June 12, it started trading at $150 per share, closing the day at just under $161. Because of the price movements throughout that day, however, the returns, and in some cases losses, for anyone who bought shares on June 12 will vary greatly. Still, it's possible to look at a few different scenarios and what those shares may be worth. For the returns for the SpaceX stock price, we'll use the June 26 closing price of $153.23. But first, we'll start with what that $5,000 investment may have bought investors. Since the price traded all over the place on IPO day, we'll look at three potential price points at which shares may have been bought: $150, $160, and $176. With such high demand for the stock, CNBC reported that investors were having difficulty getting their full orders filled at $150 per share. As one example from that report, one investor using Robinhood Markets requested 1,000 shares but only received 17.
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