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Today's Brief/Saturday, 13 June 2026/๐Ÿ“ˆ Stocks & Economy
๐Ÿ“ˆ Stocks & Economy๐Ÿ‡ฎ๐Ÿ‡ณ India

SpaceX's Record $75 Billion IPO: What Indian Investors Need to Know

CNBCยทSaturday, 13 June 2026

SpaceX raised $75 billion in the largest IPO in history, selling 555.6 million shares at $135 each on the Nasdaq. The stock closed its debut day up 19%, well above the IPO price. Only about 20% of the offering was allocated to retail investors.

Why It Matters

Indian investors and mutual funds with US equity exposure now have a new $2 trillion-plus company to track. The IPO's size and performance will influence global market sentiment, including in India.

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