SpaceX Raises $75B at $1.75T Valuation on June 12, World's Largest IPO

SPCX-4.26%
According to Korea Economic TV, SpaceX raised $75 billion at a $1.75 trillion valuation on June 12, marking the world's largest initial public offering. The company's stock debuted on Nasdaq at $150, surging 19% on the first day. The funding round exceeded Saudi Aramco's 2019 IPO record by nearly three times in value.
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