SpaceX's record initial public offering IPO sparked a massive trading frenzy.The intense first week of SpaceX as a public company, which has been characterized by record-breaking highs followed by major market volatility Shares soared nearly 40% from the $135 IPO price to push its valuation above $2.4 trillion.

The wild ride is fueling intense market debate over the company's fundamentals versus its sky-high future expectations

Week 1 Market Performance post IPO

Trading began at $150 per share, quickly jumping to a high of $176.52 before closing out its first day up 19% at $160.95.

The stock saw unprecedented activity, recording over $10 billion in trading volume as a flood of retail investors and options traders rushed in.

The high demand and speculative nature of SpaceX's business led to significant volatility. By the end of its first full week, the stock experienced a mild pullback, dipping roughly 9% in a........

© The News International