SpaceX completed a historic initial public offering Thursday, raising $75 billion at a $135 per-share price and achieving a post-IPO valuation near $2 trillion after investors bid shares up 20% on Friday morning. The blockbuster offering signals strong investor appetite for AI and space-tech ventures and is expected to catalyze additional tech sector IPOs in the coming year.
Why it matters: A record-breaking IPO of this magnitude demonstrates robust capital availability for AI and deep-tech infrastructure, potentially unlocking funding for other ambitious ventures while signaling sustained market confidence in frontier technology investments.