TSA$10.0B
Caribbean Business

EBC Financial Group Adds SpaceX Trading Following Historic Nasdaq Debut

The company entered public markets with a valuation exceeding $1.75 trillion, becoming one of the world’s most valuable listed companies.

Business·By Caribbean Business Staff··2 min read
EBC Financial Group Adds SpaceX Trading Following Historic Nasdaq Debut
Listen to this article
0:00 / 0:00

LONDON — EBC Financial Group announced the launch of SpaceX (SPCX) trading across its global platforms following the aerospace company’s historic Nasdaq debut.

SpaceX began trading on June 12 after raising $75 billion in what has been described as the largest initial public offering in financial market history. The offering priced shares at $135, valuing the company at approximately $1.75 trillion. Shares surged nearly 19% during their first trading session, closing near $161 and pushing the company’s market capitalization above $2 trillion.

The new instrument is available to EBC clients worldwide through both Standard and Professional accounts.

The public listing gives investors direct exposure to a company that remained privately held for more than two decades while building leading positions in launch services, the Starlink satellite network and, more recently, artificial intelligence through its acquisition of xAI.

EBC said the addition allows traders to take either long or short positions based on their outlook for SpaceX’s future growth prospects, valuation and competitive position in the aerospace and technology sectors.

The launch also coincides with a limited-time promotion offering commission-free trading on U.S. stocks and ETFs through Sept. 11, 2026, for eligible clients.

SpaceX enters public markets as one of the world’s most valuable companies and at the center of growing investor interest in the convergence of aerospace, satellite communications and artificial intelligence technologies.

Related Articles

Víctor M. Gómez III assumes full control of the 77-year-old Gómez Hermanos
Business

Víctor M. Gómez III assumes full control of the 77-year-old Gómez Hermanos

Gómez Hermanos is entering a new phase under full family ownership after Víctor M. Gómez III acquired Paulson Puerto Rico’s entire equity stake in Gómez Hermanos Paulson, the companies have announced. The deal gives Gómez full ownership of the automotive organization and formally ends a strategic partnership that helped expand and strengthen the business over […]

Caribbean Business Staff
coffee bean lot
Business

Puerto Rico’s 787 Coffee Earns No. 32 Spot in World’s 100 Best Coffee Shops

787 Coffee has earned a major place in the regional specialty coffee spotlight, ranking No. 32 out of more than 4,600 coffee shops across North America, Central America, and the Caribbean in The World’s 100 Best Coffee Shops. According to International Comunicaffe, the achievement goes beyond an industry ranking for the Puerto Rico-born brand. It […]

Caribbean Business Staff
a room filled with lots of shelves filled with boxes and boxes
Business

Abarca, LucyRx Announce Merger

Abarca Health and LucyRx have agreed to combine operations, positioning the two companies as one of the largest independent pharmacy benefit managers (PBMs) capable of serving both commercial and government clients nationwide. The strategic transaction, announced jointly from San Juan, Puerto Rico, and Bethesda, Maryland, will create a new parent entity—Healthcare Revolution Partners—under which both […]

Caribbean Business Staff