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The West Australianthewest.com.au

SpaceX IPO: Elon Musk’s AI, space company begins trading with record $75 billion initial public offering (opens original article in a new tab)

TL;DR

SpaceX started trading with a record $75 billion initial public offering, valuing the company at $1.77 trillion.

  • SpaceX began trading with an $75 billion IPO, the largest ever.
  • The company's valuation reached $1.77 trillion, making it the seventh most valuable U.S. company.
  • SpaceX's Starlink division is currently the only profitable part of the business.

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