SpaceX raised $75B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these days
The rocket, satellite and artificial intelligence company said it raised US$75 billion on June 11, 2026, in the offering, giving it a valuation of $1.77 trillion.
Companies backed by venture capital and private institutional investors were more likely to show significant gaps between option prices and IPO prices.
But my new research suggests that investors who bought those shares are unlikely to see the explosive growth that past IPOs had.
IPOs conducted from 2007 to 2022, my co-authors and I examined what happens in the critical period just before and after companies go public.
Ключевые утверждения в источнике B
SpaceX set aside as much as 30% of its available shares and distributed them through Robinhood, Charles Schwab, Fidelity, SoFi, and E Trade, the analysis stated.
Aramco shares have declined about 13% from the offer price, the worst total return among the 10 largest global IPOs, according to The Motley Fool.
He compared the dynamic to Saudi Aramco’s 2019 debut, which held the previous record for the largest offering at a valuation of roughly $1.7 trillion, Bloomberg reported.
Starlink shines, but xAI spending drove SpaceX’s $4.94 billion lossSpaceX generated $18.7 billion in revenue during 2025, reflecting 33% growth over the prior year, according to the company’s S-1 filing.
Текстовые доказательства
Доказательства из источника A
ключевое утверждение
The rocket, satellite and artificial intelligence company said it raised US$75 billion on June 11, 2026, in the offering, giving it a valuation of $1.77 trillion.
Ключевое утверждение, на котором строится подача материала.
ключевое утверждение
But my new research suggests that investors who bought those shares are unlikely to see the explosive growth that past IPOs had.
Ключевое утверждение, на котором строится подача материала.
выборочный акцент
IPOs conducted from 2007 to 2022, my co-authors and I examined what happens in the critical period just before and after companies go public.
Возможное выборочное акцентирование отдельных аспектов истории.
возможное упущение контекста
SpaceX set aside as much as 30% of its available shares and distributed them through Robinhood, Charles Schwab, Fidelity, SoFi, and E Trade, the analysis stated.
Возможное различие контекста: источник A слабее раскрывает блок о экономическим и ресурсным факторам, чем источник B.
Доказательства из источника B
ключевое утверждение
SpaceX set aside as much as 30% of its available shares and distributed them through Robinhood, Charles Schwab, Fidelity, SoFi, and E Trade, the analysis stated.
Ключевое утверждение, на котором строится подача материала.
ключевое утверждение
He compared the dynamic to Saudi Aramco’s 2019 debut, which held the previous record for the largest offering at a valuation of roughly $1.7 trillion, Bloomberg reported.
Ключевое утверждение, на котором строится подача материала.
эмоциональная лексика
Related: SpaceX gets brutal verdict from legendary Wall Street investorThe company’s underwriters tried Boeing, AT&T, Palantir, GE Vernova, and Vertiv as potential peers, but none fit clean…
Эмоционально окрашенная лексика, вероятно усиливающая реакцию аудитории.
выборочный акцент
Effective May 1, Nasdaq slashed its Nasdaq-100 seasoning period from roughly 3 months to just 15 trading days for the top 40 companies by market capitalization.
Возможное выборочное акцентирование отдельных аспектов истории.
Доказательства паттернов искажения
Источник A · Эффект фрейминга
IPOs conducted from 2007 to 2022, my co-authors and I examined what happens in the critical period just before and after companies go public.
Effective May 1, Nasdaq slashed its Nasdaq-100 seasoning period from roughly 3 months to just 15 trading days for the top 40 companies by market capitalization.