SpaceX demolishes IPO records

June 12, 2026

Elon Musk, who pioneered the modern electric vehicle industry, operates the world’s largest satellite network and has the only commercially operating reusable rockets, has made history again by launching the largest ever initial public offering. SpaceX raised $75 billion in a mega IPO on Thursday — a deal that has stirred an investing frenzy, fueled by a giant allocation to retail investors.  

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