Reusable rockets are now punching through the atmosphere with almost boring regularity, and Starlink has signed up more than 10 million users, bringing internet access to places that used to be completely cut off. These milestones have pushed SpaceX (SPCX) to break records with its historic IPO on June 12.
Shares are currently priced at about $175 each on Nasdaq under the ticker SPCX, and the deal has raised about $86 billion in new capital after underwriters exercised their “greenshoe” option. That would give SpaceX a valuation of roughly $2 trillion, which would make this the largest public offering ever.
