SpaceX, the private aerospace manufacturer and space transport services company founded by Elon Musk, made history on Friday with the largest initial public offering (IPO) of all time, raising $75 billion and sending its stock soaring 19% on its first day of trading. This development has bolstered the fortunes of Saudi billionaire Prince Alwaleed bin Talal, whose investment firm Kingdom Holding Co. owns a significant stake in SpaceX.
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TechCrunch Mobility: SpaceX rockets past Tesla
A mix of tech, geopolitics, and commodity price shocks defined the week, with implications for investors and global stability.
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SpaceX, the private aerospace manufacturer and space transport services company founded by Elon Musk, made history on Friday with the largest initial public offering (IPO) of all time, raising $75 billion and sending...
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