U.S. IPOs Hit $251B First-Half Record, Pacing for 2021 Beat
U.S. issuers raised $251B through June 26 — the biggest H1 on record — led by SpaceX’s $86.2B IPO and Alphabet’s $85B AI raise. Inside the numbers.
U.S. issuers raised $251B through June 26 — the biggest H1 on record — led by SpaceX’s $86.2B IPO and Alphabet’s $85B AI raise. Inside the numbers.
SpaceX shares closed at $192.50, up 43% from the $135 IPO price, pushing market cap to $2.52T — past Tesla and into the top 5 US stocks.
SpaceX priced at $135 on June 11 for a $75B raise at a $1.75T valuation — the largest IPO ever, with 30% reserved for retail and Goldman lead-left.
SpaceX files S-1 to IPO as SPCX on Nasdaq and Nasdaq Texas. FY2025 revenue $18.7B, Starlink $11.4B (+49%), dual-class shares keep Musk in control.
SpaceX disclosed $18.7B in 2025 revenue, a $4.3B Q1 net loss and 85% Musk voting control as it targets a June 12 Nasdaq debut under SPCX.
SpaceX’s S-1 targets a $75B raise at a $1.75T valuation — nearly triple Saudi Aramco’s all-time IPO record. What it means for capital markets.