SpaceX closes up nearly 20% in market debut, but faces an Asia problem

PALO ALTO, California -- Shares in Elon Musk’s SpaceX closed up 19.2% in their first day of trading on Friday on Nasdaq, following a blockbuster IPO that priced its stock at $135 apiece and gave the company a roughly $1.75 trillion valuation. It has also fueled Musk to become the first trillionaire in the world.