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The Economic Times
The Economic Times
Business
Debaroti Adhikary

How SpaceX investors minted money before and after historic $75 billion IPO on Binance

While SpaceX’s record-breaking IPO generated strong returns for its IPO investors last month, Binance explained how people made money across different asset classes on its platform.

After raising $75 billion in the biggest-ever IPO in history, SpaceX began trading at $150 per share in June, marking an 11% premium to its IPO price of $135. In its latest blog post, Binance said that the most exciting companies and financial opportunities have historically been difficult to reach for many users around the world.

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