SpaceX raises $75 billion in its IPO
SpaceX has priced its Initial Public Offering (IPO) at $135 per share, raising approximately $75 billion. This offering is the largest in U.S. history, significantly surpassing Saudi Aramco's previous record. The company's valuation has reached an estimated $1.77 trillion, making Elon Musk the world's first trillionaire when considering his other holdings. Analysts predict SpaceX could generate $300 billion in annual revenue by the end of the decade through its orbital data center capacity. AI
IMPACT This massive IPO could fuel further investment in space-based AI infrastructure and data processing capabilities.