SignificantEconomyatlantic·The Atlantic

The Year of the Humongous IPO

SpaceX, Elon Musk's aerospace and artificial-intelligence company, raised $75 billion in capital when it went public. This marks the largest initial public offering in history, as the company is burning through $1 billion every month to cover the cost of competing in the AI race.

Impact Score

6/10

Tuesday, June 23, 2026 at 07:15 AM EDT

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