SpaceX IPO: Live updates on everything you need to know
TechCrunch
SpaceX has launched the largest IPO in history, raising $75 billion and seeing its shares soar on the Nasdaq exchange.Summary
SpaceX has successfully executed the largest initial public offering in history, pricing 555.6 million shares at $135 each to raise $75 billion. Following its debut on the Nasdaq, shares experienced significant gains, surging 30% during midday trading. The IPO has drawn intense interest from investors and the public, with reports suggesting the deal could position Elon Musk as the world's first trillionaire. The company’s S-1 filing revealed massive historical losses alongside a business model heavily focused on its Starlink network and xAI division, while also sparking speculation regarding a potential merger with Tesla.
(Source：TechCrunch)