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SpaceX, Explained: 8 Things That Matter the Most After the IPO
Key takeaways
- Space X could end up in your retirement account next.
- When Space X's initial public offering debuted on June 12, it broke a Wall Street record as the highest-valued IPO in financial history, raising over $75 billion in cold, hard cash.
- Since x AI is bundled inside Space X, this also marks the first time an AI giant has entered the public market, beating out competitors like OpenAI and Anthropic.
Space X could end up in your retirement account next.
When Space X's initial public offering debuted on June 12, it broke a Wall Street record as the highest-valued IPO in financial history, raising over $75 billion in cold, hard cash. The Frankensteined amalgamation of Elon Musk's aerospace and AI ventures is now one of the world's largest-traded companies, with a public valuation hovering around $2 trillion.
Since x AI is bundled inside Space X, this also marks the first time an AI giant has entered the public market, beating out competitors like OpenAI and Anthropic.
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