SpaceX Completes $75 Billion IPO at $1.8 Trillion Valuation
Updated
Updated · The Globe and Mail · Jun 24
SpaceX Completes $75 Billion IPO at $1.8 Trillion Valuation
3 articles · Updated · The Globe and Mail · Jun 24
Summary
$75 billion made SpaceX’s June listing the largest IPO on record, valuing the rocket and satellite company at about $1.8 trillion.
The deal is presented as part of a broader U.S. capital surge into frontier technology, with investors pouring money into AI, space and medical tech companies that barely existed a few decades ago.
Alphabet raised $85 billion around the same time for its next AI buildout, and OpenAI and Anthropic are seen as potential IPO candidates at valuations near or above $1 trillion.
That fundraising wave is cited as evidence of a U.S. system that backs entrepreneurs and deep capital markets, in contrast to Canada’s weaker pipeline for new public growth companies.