EPISODE · Jun 16, 2026 · 5 MIN
Details on SpaceX debut and DOJ approving Paramount merger with Warner
from TODAY'S TAKE · host Kraznys
SpaceX officially went public on the Nasdaq Global Select Market and Nasdaq Texas, marking the largest initial public offering (IPO) in financial history.The Valuation Surge: Landing on the market with a $75 billion IPO valuation at $135 per share, the stock skyrocketed to a peak of $176.45 within its first days. It closed its debut window around $161 per share, pushing SpaceX's total valuation past $2 trillion.Elon Musk Becomes a Trillionaire: Driven by the massive spike in his roughly 85% voting-power stake in SpaceX, Elon Musk's personal net worth crossed the $1.1 trillion threshold, making him the first official trillionaire in modern history.Retail Investment Allocation: Defying typical mega-IPO standards, SpaceX allocated an unusually high 30% of its available shares directly to retail investors.Become a supporter of this podcast: https://www.spreaker.com/podcast/today-s-take--6662936/support.
Embed this episode
NOW PLAYING
Details on SpaceX debut and DOJ approving Paramount merger with Warner
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.