A company with a spacecraft en route to the moon, ispace is now trading on the Tokyo Stock Exchange.
The Japanese firm raised around $52 million (¥6.7 billion) in an initial public offering last month. Shares reportedly went untraded on the first listing day due to a large volume of buy orders and demand to hold shares, Reuters reported. But today, shares have soared, with stock selling at ¥1,135, or more than four times the ¥254 offering price.
The news comes just days after ispace announced that its Hakuto-R lander would reach the lunar surface on April 25, a little over four months after the lander launched on …
