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Elon Musk raises his $75bn in world record listing (opens original article in a new tab)

TL;DR

SpaceX raised $75 billion in a record-breaking IPO, valuing the company at $1.77 trillion. Elon Musk's wealth surged, and the stock is expected to trade on Nasdaq under the ticker SPCX. The IPO attracted significant demand, with institutional and retail investors placing large orders.

  • SpaceX raised $75 billion in its IPO, valuing the company at $1.77 trillion.
  • Elon Musk's wealth increased by $12.6 billion, making him a potential trillionaire.
  • SpaceX's IPO price of $135 per share set a world record, with demand exceeding supply fourfold.

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