SpaceX's $75B IPO Sets Record, Stock Soars 20%

SpaceX raised $75 billion in its IPO, nearly triple Saudi Aramco's previous record. The stock surged 20% on its first day, pushing the company's market cap past $2 trillion and making it one of the ten largest publicly traded U.S. companies. The company estimates a $28.5 trillion total addressable market for its space-enabled solutions.