{"id":709192,"date":"2026-06-17T08:45:09","date_gmt":"2026-06-17T08:45:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/709192\/"},"modified":"2026-06-17T08:45:09","modified_gmt":"2026-06-17T08:45:09","slug":"spacex-raises-us75b-in-record-breaking-ipo","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/709192\/","title":{"rendered":"SpaceX raises US$75b in record\u2011breaking IPO"},"content":{"rendered":"<p style=\"text-align:left\">SpaceX raised US$75 billion by selling about 555 million shares at US$135 each, valuing the company near US$1.8 trillion and making Elon Musk a paper trillionaire.<\/p>\n<p style=\"text-align:left\">Institutional orders were roughly four times oversubscribed and retail demand topped US$100 billion, even as critics point out the stock trades at over 100 times sales and the company lost US$4.9 billion last year.<\/p>\n<p style=\"text-align:left\">Sceptics highlight Morningstar\u2019s US$63 fair\u2011value estimate, concerns about \u201cAI snake oil\u201d and Musk\u2019s roughly 80% voting control, while bulls argue the listing reflects investor appetite for long\u2011duration bets on space and AI infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":"SpaceX raised US$75 billion by selling about 555 million shares at US$135 each, valuing the company near US$1.8&hellip;\n","protected":false},"author":2,"featured_media":709193,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[4,450,451,305980,3,305981,452,453,21],"class_list":["post-709192","post","type-post","status-publish","format-standard","has-post-thumbnail","category-breaking-news","tag-breaking-news","tag-breakingnews","tag-headlines","tag-ipo-first-day-of-trading","tag-news","tag-space-investing","tag-top-stories","tag-topstories","tag-united-states"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/709192","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=709192"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/709192\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/709193"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=709192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=709192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=709192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}