What Happened
Elon Musk's Space Conglomerate Makes History with Largest IPO
SpaceX, founded by Elon Musk, has made history with the largest initial public offering (IPO) ever, setting its price at $135 per share and raising $75 billion. The company’s valuation has reached $1.77 trillion, with retail investors submitting orders exceeding $100 billion. The IPO has garnered immense interest, with institutional investors like BlackRock placing significant orders. This development was reported by various sources, including TechCrunch, Forbes, and CNBC.