SpaceX begins trading on the Nasdaq under the ticker $SPCX, marking the largest initial public offering in stock market history. Thereby, raising $75 billion at a targeted price of $135 per share and carrying a $1.75 trillion valuation into its public debut. The record does not just edge past the previous holder, it obliterates it. Saudi Aramco held the prior IPO record when it opened at $25.6 billion in 2019. SpaceX has now raised three times that figure in a single offering, rewriting the record books on its first day of trading and arriving on public markets as one of
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