Summary of this article
Elon Musk-led SpaceX has priced its initial public offering (IPO) at $135 per share, valuing the company at $1.77 trillion (around ₹168.15 lakh crore), in what is set to become the largest IPO in history.
The company said it sold all 555.55 million shares on offer, raising approximately $75 billion (around ₹7.13 lakh crore) through the listing. The offering eclipses the previous record held by Saudi Aramco, which raised $29.4 billion in 2019.
SpaceX, which also owns the X social media platform, is scheduled to begin trading on the Nasdaq on Friday.
