SpaceX plans US stock debut after $75bn IPO

SpaceX is set to debut on the US stock market following a record-breaking IPO that raised $75 billion, valuing the company at approximately $1.77 trillion. The company sold 555.6 million shares at $135 each, with strong demand from institutional and retail investors despite concerns over overvaluation. The IPO positions SpaceX among the largest public companies, and its trading could potentially make Elon Musk the world's first trillionaire.

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