United States’ SpaceX soars in record Nasdaq IPO | JQJO

United States – SpaceX began trading on the Nasdaq on Friday under the ticker symbol SPCX after completing the largest initial public offering in history, raising $75 billion (€65 billion) and valuing the company at about $1.78 trillion (€1.54 trillion). The listing marks a major transition for Elon Musk’s firm from a closely held private company, controlled largely by Musk and early investors, into a publicly traded space and artificial intelligence company. Strong demand from both institutional and retail investors pushed the deal far beyond previous IPO records, underscoring investor appetite for businesses operating at the intersection of space exploration, satellite communications, and advanced technology.

United States – The company, known for its reusable rocket technology and its Starlink satellite internet network, has expanded its ambitions into artificial intelligence, which has further supported its high market valuation. SpaceX’s debut on the Nasdaq establishes a new publicly traded benchmark for space-related enterprises and is expected to increase visibility for the broader space sector. Trading during the first session was described as normal, with the stock price reflecting the high expectations set during the offering. The record-setting IPO is also expected to draw increased investor attention to commercial spaceflight, satellite internet infrastructure, and AI-driven services across the industry.