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SpaceX's IPO hits historic $1.77T valuation
SpaceX announced that it has set the largest initial public offering (IPO) in history after its shares were listed on the American stock exchange, attracting investments worth $75 billion. This offering has increased the company's market value to approximately $1.77 trillion, solidifying its founder Elon Musk's position among the world's wealthiest individuals and highlighting its ambitions in space, communications, and artificial intelligence, despite the company recording losses close to $5 billion over the past year.
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