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Demand explodes as SpaceX IPO tops US$85b, Musk’s valuation leaps into science‑fiction territory (opens original article in a new tab)

TL;DR

SpaceX's IPO raised $85.7 billion, boosting its market value to over $2.2 trillion and making Musk the first trillionaire.

  • SpaceX raised $85.7 billion in a record-breaking IPO
  • SpaceX's market value reached over $2.2 trillion
  • Musk's valuation surpassed trillion-dollar mark

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