The record-breaking IPO valued Musk’s company at $1. 77tn after raising $75bn through a share offering SpaceX’s shares will be supported by a number of “forced buyers”, such as tracker funds. Richard Hunter, head of markets at interactive investor, explains: The Nasdaq index has tweaked its rule...
Source: [Guardian International](https://www.theguardian.com/business/live/2026/jun/12/spacex-float-us-stock-market-share-elon-musk-trillionaire-largest-ipo-ever-live-news-updates)