SpaceX’s first day on the stock market transformed the startup into one of the world’s most-valuable public companies, handed buyers of the IPO a 19% return and turned its founder Elon Musk into the world’s first trillionaire.

After what some may consider a ho-hum open, SpaceX's stock has been steadily climbing and is now more than 20% above its IPO price. The first trade was at $150, but that was the absolute low for the stock,

SpaceX began trading Friday at $150 and has gone as high as $176 as SPCX in its initial public offering, the largest one in history.

After 24 years of anticipation, the SpaceX IPO finally debuted at just over $150 a share and is now hovering at around $165 a share.

After months of waiting, SpaceX is now a public company. The stock climbed 31% above its offering price at at one point on the Nasdaq. Bloomberg's Yahaira Anand was there for opening bell and has more.

SpaceX goes public on Friday, with its initial public offering poised to make waves. Joe Ciolli, executive editor of the First Trade Newsletter at Business Insider, shares his market performance predictions for Elon Musk's aerospace company.

The demand for SpaceX is also a function of its small float, with only about 4% of shares available for public trading, while early investors and employees hold the rest. SpaceX a

Yet if you look at the history of IPOs, you might be a bit cautious about investing in SpaceX right away. IPOs don't always succeed, and even if they do, the days and weeks immedi