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SpaceX raises $75 billion in its IPO
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axios.com 1 min read
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SpaceX raised $75 billion in its IPO at a $1.77 trillion valuation, the largest U.S. IPO ever. It sold 555.56 million shares at $135, with reports of heavy oversubscription and unusually large retail allocations. Musk sold no shares and is a paper trillionaire when combined with Tesla. SpaceX is expected to trade Friday on Nasdaq as SPCX.
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