SpaceX’s IPO could be largest in history. Here’s how it compares to previous record-holders
Space X is shooting for the stars: a record-breaking $135 per share initial public offering that would value the company at $1.77 trillion. This is about seven-and-a-half times Alibaba’s inflation-adjusted valuation in 2014, which held the record before, and 15 times Facebook’s IPO, blowing modern service giants Uber and Airbnb out of the water entirely. Space X already made history by raising $75 billion on Thursday, and pulling off its anticipated IPO will make thousands of Space X employees millionaires and could push up Elon Musk’s net worth high enough to make him a trillionaire. (function(){function e(){window.addEventListener(`message`,function(e){if(e.data[`datawrapper-height`]!==void 0){var t=document.querySelectorAll(`iframe`);for(var n in e.data[`datawrapper-height`])for(var r=0,i;i=t[r];r++)if(i.contentWindow===e.source){var a=e.data[`datawrapper-height`][n]+`px`;i.style.height=a}}})}e()})(); Here’s how $1.77 trillion squares with the top 20 biggest IPOs staged in the United States: Alibaba Group Holding Ltd — $236.53 billion Facebook Inc — $118.48 billion Uber Technologies Inc — $98.75 billion AT&T Wireless Services Inc — $133.33 billion Rivian Automotive Inc — $80.18 billion Didi Global Inc — $75.19 billion United Parcel Service Inc — $119.79 billion Coupang Inc — $76.11 billion Ente Nazionale per l’Energia Elettrica (ENEL) — $109.28 billion Kraft Foods Inc — $101.27 billion Deutsche Telekom AG — $109.47 billion Banco Santander Brasil SA — $78.94 billion General Motors Co — $75.82 billion Visa Inc — $69.56 billion Airbnb Inc — $52.71 billion Gazprom — $79.85 billion Rocket Companies Inc — $46.39 billion Telefonica Moviles — $69.03 billion Blackstone — $54.93 billion Snowflake Inc — $43.73 billion This story was originally featured on Fortune.com