SpaceX is poised to be the biggest IPO ever. Here are the top U.S. deals to date
CNBC Top News ·

Meta CEO, Mark Zuckerberg and Tesla and SpaceX CEO, Elon Musk Manuel Orbegozo | Chip Somodevilla | Reuters When SpaceX finally debuts on the Nasdaq, under the ticker symbol SPCX, it will almost …
Meta CEO, Mark Zuckerberg and Tesla and SpaceX CEO, Elon Musk Manuel Orbegozo | Chip Somodevilla | Reuters When SpaceX finally debuts on the Nasdaq, under the ticker symbol SPCX, it will almost certainly set a record for the largest offering ever. By a long shot. Elon Musk's reusable rocket maker filed its long-awaited IPO prospectus on Wednesday. The company didn't say how much it plans to raise but is reportedly aiming to reel in around $75 billion. That's more than triple the size of the biggest U.S. IPO to date, which was Alibaba 's $22 billion offering in 2014. The next largest U.S. IPOs were from Visa , which raised nearly $18 billion in 2008, Enel SpA 's $16.5 billion deal in 1999, and Facebook 's $16 billion 2012 debut. Investors are counting on SpaceX to breathe life into an IPO market that's seen muted activity since late 2021, as soaring inflation and rising interest rates pushed investors out of risk. The artificial intelligence boom that has followed lifted OpenAI and Anthropic to stratospheric valuations, but both companies remain private with ambitions to eventually go public, possibly this year . OpenAI could file confidentially as soon as this week. Cerebras gave Wall Street a chance to get in on AI hardware with its Nasdaq listing last week , the biggest tech offering since Uber 's IPO in 2019. But for companies like Databricks and Stripe, seemingly endless private funding opportunities have incentivized them to steer clear of the public market. …
Original source: CNBC Top News
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Elon Musk · General Motors · Mark Zuckerberg · New York Stock Exchange