If all continues to go well, this year should mark GM's first full-year profit since 2004. From 2005 to 2009, the company lost $88 billion before filing for bankruptcy last year, Business Insider reported. Since 2008, the company has received bailout money from governments worldwide.
So now that stocks are up, are GM and its employees in the clear? Surge Desk takes a look at the bailout by the numbers.
$12 billion: The amount of money General Motors requested in a loan plan submitted to U.S. Treasury Department on Dec. 2, 2008, according to CNN. Ten days later, GM submitted an updated version of the plan requesting $22.5 billion in funding.
$50 billion: The amount of total bailout money GM has received from American taxpayers since 2008, according to CBS News.
$7.4 billion: The amount of money, including interest and dividends, the government has recovered from GM thus far, according to The New York Times.
$34: The initial public offering for GM shares this afternoon. Forbes predicted the IPO would be "likely to wind up as the largest initial public offering in history Wednesday and for the U.S. Treasury."
$23.1 billion: The amount of money raised by the IPO, according to The New York Times.
1.6, 1.7 and 1.8 percent: The percentage rise today in the Dow Jones industrial average, the S&P 500 and the Nasdaq composite, respectively.
1.4 million: The number of jobs saved by the government bailout of General Motors, Chrysler and other car companies, according to the Center for Automotive Research in Ann Arbor, Mich.
"Several years": The amount of time GM CEO Dan Akerson said it would take for the company to pay back taxpayers.
$12,200: The cost, per car, of the GM bailout to taxpayers, according to a report by the National Taxpayer's Union.
3.8: The number of retired workers or dependents for every active worker at GM, according to the Heritage Foundation. In comparison, there are two dependents at Chrysler and 1.6 at Ford. This means GM dependents face a higher burden than those at other companies.
$2,000: The cost of features that American companies need to cut from their cars to compete with foreign companies, according to Mitt Romney's estimate in 2008.