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TechCrunch·3 min read·medium

SpaceX is public: Everything you need to know post-IPO

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Kirsten Korosec, Russell Brandom
SpaceX is public: Everything you need to know post-IPO
AI Summary

SpaceX completed a historic IPO, raising $75 billion and making Elon Musk the world's first trillionaire. The company's stock saw significant gains on its first day of trading, accompanied by record traffic on retail trading platforms.

Why it matters

The massive scale of the SpaceX IPO marks a significant milestone in the commercial space industry and public market interest in aerospace technology.

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SpaceX has captured the attention of media, investors, and the public for years now — interest propelled by the company s reusable rocket launches, the rise of its Starlink satellite network, and of course, for its founder and CEO Elon Musk.

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Confidence: 75%

Reports on financial performance and market reaction to the IPO.

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