EPISODE · Jun 12, 2026 · 1 MIN
SpaceX Valued at $1.77 Trillion
from Adelaide News Today | 2 Min News | The Daily News Now!
SpaceX just shattered records with its historic IPO, pricing shares at $135 each and valuing the company at a jaw-dropping $1.77 trillion — bigger than JPMorgan, Berkshire, Meta, and Tesla combined. The offering raised $75 billion by selling over 555 million shares, eclipsing even Saudi Aramco’s 2019 debut. Despite last year’s losses, the sky-high valuation sparks debate among analysts. Elon Musk retains 82% voting control post-IPO, and a major Google cloud deal signals strategic moves amid rising competition. With ambitions to make humanity multiplanetary, SpaceX is now navigating life as a public giant — and rivals like Blue Origin are already watching closely. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/e1b3f93cef1c3cc1
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SpaceX Valued at $1.77 Trillion
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