SpaceX prices record $75 billion IPO at $135 a share
SpaceX completed a record-breaking $75 billion IPO, with shares jumping over 20% on their Nasdaq debut. The valuation now exceeds $2 trillion, making it one of the most valuable companies in the US.
Why it matters
The successful IPO signals strong investor appetite for space and AI-focused tech companies and cements Elon Musk's status as a trillionaire.
SpaceX jumped over 20% in its Nasdaq debut, lifting its valuation to more than $2 trillion as investors piled into the world's largest IPO and bet on Elon Musk's sprawling empire spanning rockets to AI.
The article reports on financial market data and company valuation without taking a stance on the company's business model.
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