After record IPO, Musk’s SpaceX faces next test in market debut (opens original article in a new tab)
SpaceX's record $75 billion IPO made it the world's most valuable company, valuing it at $1.77 trillion, despite a $5 billion loss last year. The stock's performance will be closely watched, with analysts debating its valuation and potential volatility.
- SpaceX's IPO raised $75 billion, making it the world's largest IPO and valuing the company at $1.77 trillion.
- The IPO marked Elon Musk's status as the first trillionaire and placed SpaceX among the world's most valuable companies despite a $5 billion loss last year.
- Analysts expect volatility in SpaceX's stock and are comparing its valuation to Tesla's, with some believing it is overvalued.
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