[BIG TECH]■ STORY TIMELINE

SPACEX STOCK SURGES 19.6% IN DEBUT TRADING

SpaceX shares climbed nearly 20% on Monday following their record-breaking Nasdaq debut last week. CEO Elon Musk projects the company could reach $1 trillion in annual revenue by 2030, up from an estimated $18.7 billion in 2025.

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SpaceX stock closed up 19.6% on Monday, its first full day of trading; Musk said it "might be able to reach" around $1T revenue in 2030, up from $18.7B in 2025 (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC: SpaceX stock closed up 19.6% on Monday, its first full day of trading; Musk said it “might be able…

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