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SpaceX conducts record-breaking IPO
SpaceX has filed for the largest initial public offering in history valued at $75 billion, raising the company's valuation to approximately $1.77 trillion. The goal is to raise funds to boost investments in artificial intelligence and space technology. The offering is expected to begin on June 11 with a fixed price of $135 per share. This move contributes to making Elon Musk, the company's founder, the world's first trillionaire. This comes amid a boom in the U.S. initial public offerings market and increasing competition for major tech deals.
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