SpaceX Prices Record $75B IPO at $135/Share
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- SpaceX priced 555.6 million shares at $135 each in the biggest-ever IPO, raising $75 billion at a $1.77 trillion market value, per Bloomberg.
- Elon Musk is poised to become the world's first trillionaire on paper as SpaceX launches into the top ranks of largest public companies.
Why it matters: At $75B raised and a $1.77T valuation, the SpaceX debut dwarfs the prior record and would make Musk the first individual to cross the trillion-dollar threshold — a symbolic threshold for both wealth concentration and what a mega-IPO now looks like for public markets.
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