SpaceX's Record Setting IPO Has Progressives Upset
SpaceX's Record Setting IPO Has Progressives Upset John Sexton 9:20 PM | June 11, 2026 AP Photo/John Raoux, File SpaceX will begin trading on the NASDAQ stock exchange tomorrow morning. That means SpaceX would raise around $75 billion from its offering, putting its valuation at $1.77 trillion.With those numbers, SpaceX would shatter an I.P.O. record previously set by Saudi Aramco. Saudi Arabia’s state-owned oil company was valued at $1.7 trillion and raised more than $29 billion when it went public in 2019.
- ▪SpaceX's Record Setting IPO Has Progressives Upset John Sexton 9:20 PM | June 11, 2026 AP Photo/John Raoux, File SpaceX will begin trading on the NASDAQ stock exchange tomorrow morning.
- ▪That means SpaceX would raise around $75 billion from its offering, putting its valuation at $1.77 trillion.With those numbers, SpaceX would shatter an I.P.O. record previously set by Saudi Aramco.
- ▪Saudi Arabia’s state-owned oil company was valued at $1.7 trillion and raised more than $29 billion when it went public in 2019.
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| Original publisher | HotAir |
| Canonical URL | https://hotair.com/john-s-2/2026/06/11/spacex-to-have-record-setting-ipo-tomorrow-and-progressives-are-angry-n3815859 |
| Publication time | Thu, 11 Jun 2026 21:20:33 -0400 |
| Retrieval time | 2026-06-12T02:02:38.892Z |
| Last seen | 2026-06-12T02:02:38.892Z |
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SpaceX's Record Setting IPO Has Progressives Upset John Sexton 9:20 PM | June 11, 2026 AP Photo/John Raoux, File SpaceX will begin trading on the NASDAQ stock exchange tomorrow morning. It's already set to be the largest IPO in history and is currently the top news story at the NY Times, "SpaceX Sets Milestone With World’s Largest I.P.O., Furthering Musk’s Power." Advertisement googletag.cmd.push(function () { googletag.display("div-gpt-300x250_4"); //googletag.pubads().refresh([gptAdSlot["div-gpt-300x250_4"]]) }); SpaceX, Elon Musk’s rocket and satellite maker, officially finalized its initial public offering price to become the world’s largest stock market debut, in a testament to the tech mogul’s influence and people’s belief in his business vision.On Thursday, SpaceX confirmed its…
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