Full coverage· Economy· Updated
Elon Musk's SpaceX Sets Record-Valued IPO Amid Heavy Losses
SpaceX went public at a record-setting valuation of $1.77 trillion. The company sold 555 million shares at $135 each, despite losses over the past year. The deal further advances Elon Musk toward becoming the world’s first trillionaire.
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What happened
- 01SpaceX went public at the highest initial offering value ever.
- 02The company is valued at $1.77 trillion.
- 03It sold 555 million shares at $135 apiece.
- 04The listing came despite significant losses in the past year.
- 05The deal moves Elon Musk closer to trillionaire status.
The coverage
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How it broke
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