SpaceX raises $75 billion in record-breaking IPO, valued at $1.77 trillion
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Summary
SpaceX, led by Elon Musk, raised $75 billion in its highly anticipated IPO on Thursday, with shares priced at $135, valuing the company at $1.77 trillion. The IPO is the largest in history and cements SpaceX's status as one of the world's most valuable companies. Shares will begin trading on the Nasdaq on Friday. The article also includes a comment from Mark Klein, CEO of Suro Capital, though the full quote is not provided in the content.
Key quotes
· 3 pulledThe largest ever IPO cements SpaceX's status as one of the world's most valuable companies.
Elon Musk's SpaceX raised the $75 billion it targeted in a hotly awaited IPO on Thursday, selling shares at a fixed price of $135 that valued the space, satellite and AI company at $1.77 trillion.
Its shares will begin trading on the Nasdaq on Friday.
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