SpaceX is public: Everything you need to know post-IPO

TechCrunch ·

SpaceX is public: Everything you need to know post-IPO

SpaceX has captured the attention of media, investors, and the public for years now — interest propelled by the company’s reusable rocket launches, the rise of its Starlink satellite network, and of …

SpaceX has captured the attention of media, investors, and the public for years now — interest propelled by the company’s reusable rocket launches, the rise of its Starlink satellite network, and of course, for its founder and CEO Elon Musk. But in its 24-year history, nothing quite compared to its initial public offering. Everyone seemed interested — perhaps because of the sheer size of the IPO. The company priced its 555.6 million shares at $135 each to raise $75 billion, making it the largest IPO in history and turning Musk into the world’s first trillionaire . That total raised figure would end up ballooning to $85.7 billion raised. TechCrunch has followed SpaceX’s start, struggles, and successes from the early days. And we’re here for what happens next too. Here is your go-to landing page for all the relevant SpaceX IPO news, including notable updates now that the company is public. SpaceX is now public. What’s next? SpaceX to acquire Cursor for $60B in stock : The deal was announced just days after the IPO. SpaceX passes Amazon as valuation balloons to $2.7T : SpaceX became the fifth-most valuable company in the world, after its stock price climbed 20% on June 15 and more than 8% in early trading Tuesday. SpaceX’s historic IPO just got super-sized : The largest IPO in history grew to $85.7 billion raised. The latest on the SpaceX IPO SpaceX shares opened June 12 at $150 on the Nasdaq public exchange, an 11% pop for the most anticipated debut in history. …

Original source: TechCrunch

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