SpaceX's $75 Billion IPO Is Now the Largest Ever

SpaceX raised $75 billion when it sold shares to the public on June 11—more than double what Saudi Aramco raised in 2019's previous record of $29.4 billion. At that price, SpaceX is now worth more than any other company in the world. The speed of the deal—three weeks from filing to sale—shows big investors had been lining up for years.