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Norm-breaking SpaceX IPO a source of elation, angst on Wall Street

Posted on June 10, 2026
By Business News Today
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1 min read

Norm-breaking SpaceX IPO a source of elation, angst on Wall Street

SpaceX is poised for a historic IPO, aiming to raise $75 billion with a $1.8 trillion valuation. Despite immense investor excitement and Musk's visionary appeal, skeptics question the rocket maker's profitability, citing significant AI investments and substantial losses despite revenue growth. The IPO's performance could significantly impact future tech listings.