One investor expressed a desire to have acquired additional shares of SpaceX shortly after the rocket and satellite manufacturer made its debut on the Nasdaq. The aerospace stock experienced a rally exceeding 20%. “I’m pleased to see the way that SpaceX has opened up. It was revealed to us overnight that this was more oversubscribed than I think even it was broadcast, at 4 times oversubscription,” said Jeff Kilburg. “So we did not receive the complete allocations that we were anticipating, both for clients and for personal allocations. But we were pleased to acquire some shares and engage in the process.”

“I believe the initiation of this IPO has been favorable,” he continued. “It’s only in the first couple minutes of trading, so to be determined, but I think this has been very successful. I think it really speaks to how many people globally really wanted to participate in this IPO.”