SpaceX debuted at a $1.8T valuation, raising $75B and opening at $150, underscoring exceptionally strong IPO demand. The valuation is being driven by future growth expectations around Starlink and government contracts, reinforcing a high-conviction growth narrative. The move points to a potentially record-setting IPO year and a favorable risk-on backdrop for large-cap technology listings.
SpaceX debuted at a $1.8T valuation, raising $75B and opening at $150, underscoring exceptionally strong IPO demand. The valuation is being driven by future growth expectations around Starlink and government contracts, reinforcing a high-conviction growth narrative. The move points to a potentially record-setting IPO year and a favorable risk-on backdrop for large-cap technology listings.
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strongly positive
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0.78
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