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Today's Brief/Sunday, 14 June 2026/๐Ÿ“ˆ Stocks & Economy
๐Ÿ“ˆ Stocks & Economy๐ŸŒ Global

SpaceX Raises $75 Billion in Biggest IPO in History

CNBCยทSunday, 14 June 2026

SpaceX sold 555.6 million shares at $135 each, raising $75 billion in the largest IPO on record. The company debuted on the Nasdaq and prediction market traders believed it would close above a $2 trillion market cap on day one. The S&P 500 index, however, excluded SpaceX from its listings.

Why It Matters

This is the biggest stock market listing in history and reshapes how investors think about private space and tech companies going public. Indian investors with US market exposure need to understand what the S&P 500 exclusion means for their index funds.

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