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SpaceX and the Largest IPO in History

On today’s Big Take: How SpaceX became the biggest IPO ever, who’s getting shares and what its eye-popping valuation means for financial markets and the future AI landscape.

By Julia Press and David Gura | Updated on Jun 12, 2026 at 09:09 PM

 

Elon Musk on screen in Times Square during the company's initial public offering at the Nasdaq MarketSite in New York on June 12. Photographer: Victor J. Blue/Bloomberg

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SpaceX went public today, with the largest IPO in history. Following months of buildup, shares opened at $150 and were trading at $161.11 at market close.

On today’s Big Take podcast, host David Gura sits down with Bloomberg Tech’s Ed Ludlow to discuss the record-breaking deal and what it means for Elon Musk, everyday investors and other companies on the brink of going public.

This is a developing story. We are live blogging at Bloomberg.com with the latest from across the globe.

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This episode was produced by: Julia Press; Editors: Paddy Hirsch and Jeffrey Grocott; Fact-checker: Rachael Lewis-Krisky; Sound Design/Engineer: Alex Sugiura; Senior Producer: Naomi Shavin; Senior Editor: Elisabeth Ponsot; Deputy Executive Producer: Julia Weaver; Executive Producer: Nicole Beemsterboer.


This article was downloaded by calibre from https://www.bloomberg.com/news/articles/2026-06-12/spacex-s-mega-ipo-sets-records-makes-musk-trillionaire



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