SpaceFortuneabout 20 hours ago
SpaceX IPO values company at $1.77 trillion
4 min read
SpaceX launched an IPO of $75 billion in shares, giving the company a $1.77 trillion market cap. Morningstar valued the stock at $63, 53% below the IPO price. BlackRock placed a $5 billion order for the money-losing company. The IPO offers leadership lessons from Elon Musk's approach.
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