SpaceX IPO raised $10bn more than thought

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SpaceX raised $10bn (£7.5bn) more than initially thought when it sold shares to the public on Friday - bringing in a total of $85.7bn. Elon Musk's rocket and Artificial Intellgience (AI) company pulled off the biggest initial public offering (IPO) in history when it joined New York's Nasdaq stock exchange last week. The listing had raised $75bn from investors, which Musk told employees will be spent funding a "significant growth phase". But the banks which backed the IPO exercised a so-called "

SpaceX IPO raised $10bn more than thought http://www.bbc.com - 15.06.2026 18:53

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SpaceX IPO raised $10bn more than thought http://www.bbc.com - 15.06.2026 18:53