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AS SPACEX IPO HOOVERS UP RECORD FUNDS, IT EXPOSES INDIAN MARKET'S CHINKS
The New Indian Express
|June 13, 2026
SPACEX’S $75-billion stock listing in the US on Friday shattered several records.
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With a valuation of $1.77 trillion, the reusable rocket company surpassed Saudi oil company Aramco’s 2019 public offering as the world’s biggest and made its largest shareholder Elon Musk the world’s first trillionaire. Two other American tech giants—Claude maker Anthropic and ChatGPT maker OpenAI—filed for IPOs this month and are likely to tap the market later this year with valuations of over $1 trillion each.
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