SpaceX (SPCX) raises $75 billion in IPO, marking the largest IPO in history.
2026-06-12 04:19:36
According to a filing with the U.S. Securities and Exchange Commission, SpaceX priced its shares at $135, raising a total of $75 billion, making it the largest initial public offering (IPO) in history, surpassing Saudi Aramco's $30 billion IPO in 2019. The company sold 555.6 million shares, which are expected to begin trading on Nasdaq on Thursday under the ticker symbol SPCX, giving public investors their first opportunity to purchase its stock. SpaceX's fully diluted valuation is approximately $1.8 trillion, despite revenue of approximately $19 billion last year, primarily from launches and government contracts. Furthermore, SpaceX holds 18,712 bitcoins, worth nearly $1.2 billion at current prices; the IPO will bring these bitcoin holdings into the public market, providing investors with indirect bitcoin investment opportunities.
Source:CoinDesk
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