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stocksJun 12, 2026, 6:51 AM

SpaceX IPO Raises $75 Billion, Valued at $1.77 Trillion

SpaceX's long-awaited IPO has been a massive success, raising $75 billion and valuing the company at $1.77 trillion, making it the seventh-largest US firm.

SpaceX has officially gone public on the Nasdaq, with its highly anticipated IPO proving a resounding success. Demand for shares was enormous, allowing the company to raise $75 billion — the largest IPO in history.

The offering values SpaceX at $1.77 trillion, placing it as the seventh most valuable company in the United States. The hot-ticket stock launch marks a milestone for the space exploration firm and its investors.

Source: FXStreet Forex News