00:00
Growing Money
Growing Money
USD/RUB
EUR/RUB
Business

SpaceX Shatters Records with $75 Billion IPO Debut

With a staggering $75 billion haul, SpaceX has officially eclipsed Saudi Aramco’s 2019 listing to become the largest initial public offering in history. The rocket and satellite manufacturer is scheduled to begin trading on the Nasdaq this Friday, signaling a potential shift for the broader equity market.

SpaceX Shatters Records with $75 Billion IPO Debut

This massive entry into public markets arrives as high-profile AI firms prepare to follow suit. OpenAI, the developer behind ChatGPT, recently filed confidentially for a U.S. listing. While the company maintains that it has not finalized a timeline, reports suggest a potential debut by September, aiming for a valuation reaching $1 trillion. The path for OpenAI cleared significantly in May after the firm successfully fended off an existential legal challenge brought by Elon Musk.

Anthropic is also moving toward a market debut, having filed for its own U.S. IPO earlier this month. The company, which operates the Claude chatbot, secured a $965 billion post-money valuation during a funding round in late May. As these AI heavyweights maneuver toward public offerings, analysts expect a watershed moment that could fundamentally reshape investor flows and benchmark indexes on Wall Street.

Share

Comments (0)

Leave a comment

No comments yet. Be the first!