Technology · 12 June 2026
SpaceX raises $75bn before market launch
More investors could soon gain access to one of the world's biggest technology firms as demand for its shares far exceeded supply. SpaceX began trading on Friday after securing $75bn at $135 a share, with reported orders topping $250bn and buyers accepting a fixed valuation set by Elon Musk. Early indications showed shares more than 35 per cent higher in overnight shadow trading.
Reported by City AM · How we write briefs