SpaceX completes record-breaking initial public offering on Nasdaq

AI-generated NewsSnap summary based on source reporting.
Published: 2026-06-12
Category: finance
Source: The Dispatch / FT.com
Original source

Elon Musk's SpaceX has officially begun trading on Nasdaq, following an initial public offering that raised an unprecedented $75 billion, making it the largest IPO in history. The company's valuation reached approximately $1.77 trillion after selling 555.6 million shares. This landmark debut provides public investors access to a defining company in the orbital economy, signaling a significant shift for the sector.

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