Here are 5 wild stats from SpaceX's first week on the Nasdaq
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A live feed shows SpaceX CEO Elon Musk on the day of SpaceX's initial public offering (IPO) at the Nasdaq MarketSite, in New York City, U.S., June 12, 2026. …
A live feed shows SpaceX CEO Elon Musk on the day of SpaceX's initial public offering (IPO) at the Nasdaq MarketSite, in New York City, U.S., June 12, 2026. Jeenah Moon | Reuters Since SpaceX's record-breaking IPO late last week, Elon Musk's second trillion-dollar company has been the talk of Wall Street. From Musk becoming the world's first trillionaire to SpaceX moving ahead with a $60 billion acquisition shortly after hitting the market, the first few days of trading have defied norms at every turn. There are too many eyepopping numbers to count, but here are a few that stand out: Funds raised in IPO SpaceX initially raised $75 billion in its offering, making it more than twice the size of the biggest IPO ever before it. Oil producer Saudi Aramco raised $25.6 billion in 2019, with that number increasing to $29.4 billion when underwriters exercised their so-called greenshoe option. And China's Alibaba reeled in a total of $25 billion, including the underwriter overallotment. SpaceX's greenshoe allotment brought in a whopping $10.7 billion. That amount alone is greater than just about any tech IPO to date. Uber , for example, raised $8.1 billion in 2019, and chipmaker Cerebras raised $6.4 billion last month. Facebook held the largest IPO for a U.S. tech company prior to SpaceX, raising a total of $18.4 billion, including the greenshoe option, in 2012. . SpaceX staff wore green shoes on the trading floor Friday in a nod to the underwriters' option. …
Original source: CNBC Top News
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