Tag: aerospace

Goldman Sachs led a 21-bank syndicate that allocated nearly a third of the SpaceX IPO to retail investors via major brokerage platforms.

SpaceX’s opening day pushed its market capitalization past the 2 trillion dollar mark making it one of the most valuable companies in the world.

SpaceX went public on June 12 with stock opening at 150 dollars per share and climbing 20% making it the largest IPO in recorded history.

SpaceX’s IPO combined with Tesla holdings lifted Musk’s personal wealth to over 1.2 trillion dollars making him the first trillionaire.

SpaceX shares opened at 150 and briefly surged to 176 dollars before settling around 161 at the close of regular trading.

Anthropic submitted its draft registration statement to the SEC at a valuation approaching one trillion dollars ahead of its planned IPO.

Investment bank Goldman Sachs forecast a quadrupling of IPO proceeds this year driven by three landmark technology listings.

The IPO of SpaceX which also includes the xAI segment was celebrated as the culmination of a 24-year journey from a small El Segundo warehouse.

Google co-founder Larry Page is the closest rival to Musk but his 296 billion dollar fortune falls far short of the new trillion-dollar mark.

Research firm Morningstar raised questions about SpaceX’s valuation citing the gap between the company’s current revenues and its market cap.