SpaceX IPO: The Largest in History as Elon Musk Becomes a Trillionaire
TechCrunch AI
SpaceX has made history with its largest IPO, raising $75 billion and making Elon Musk the world’s first trillionaire. The company’s shares have surged 15% on its first day of trading, with heavy trading volume and record-breaking traffic on Robinhood’s platform. Banks have also reaped significant fees, with Goldman Sachs and Morgan Stanley among the big winners.
💡 Key Takeaways
- SpaceX's IPO has made Elon Musk the world's first trillionaire, with the company raising $75 billion.
- The company's shares have surged 15% on its first day of trading, with heavy trading volume and record-breaking traffic on Robinhood's platform.
- Banks have also reaped significant fees, with Goldman Sachs and Morgan Stanley among the big winners.