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SpaceX IPO raises $75 billion, shares surge 19% on Nasdaq debut

3 hours ago

2 languages2 countries5 sources

AI summary

SpaceX made a historic stock market debut on the Nasdaq, with shares rising 19% on the first day to reach a market capitalization of $2.1 trillion. The company raised approximately $75 billion by offering 555.6 million shares at $135 each in its initial public offering, which some sources describe as the largest IPO in history.

Why this matters

  • Major story by our editors' read
  • Widely covered

Key facts

  • SpaceX held its initial public offering (IPO) on the Nasdaq stock exchange.Confirmed by multiple sources · ShiftDelete.Net, Technopat
  • On its first day of trading, SpaceX's share price rose by 19%, reaching a market capitalization of $2.1 trillion.Reported by a single source · ShiftDelete.Net
  • SpaceX's market capitalization subsequently surpassed that of Amazon, reaching $2.75 trillion.Reported by a single source · DonanımHaber
  • The total size of the SpaceX IPO reached $85.7 billion, including the exercise of an additional sale option by underwriters.Reported by a single source · Webrazzi
  • SpaceX raised $75 billion through its IPO.Reported by a single source · Technopat
  • SpaceX trades under the ticker symbol SPCX.Reported by a single source · Technopat

How outlets framed it

While the US source focuses on the performance of AI-managed ETFs as an emerging trend in asset management in 2026, all four Turkish sources cover the same event: SpaceX's record-breaking IPO on Nasdaq, emphasizing its massive $75 billion capital raise, 19% first-day surge, and a market valuation of $2.1 trillion. The Turkish outlets uniformly highlight the historic scale and disruptive impact of the listing on Wall Street power dynamics, with no mention of FINQ or AI-managed ETFs.

Timeline

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