SpaceX officially prices the largest IPO in history

SpaceX made what The Guardian describes as the largest stock-market debut in history. The listing is also an AI-capital event because SpaceX now includes xAI and its costly model-training and infrastructure operations. Trading opened above the IPO price, giving the combined company a market capitalization above $2 trillion, according to market reports. The offering moves a major source of AI compute demand and financing into public markets, where investors can more directly scrutinize spending, revenue, and execution.

Key details: June 12, 2026, IPO officially priced, Described as the largest IPO in history, SpaceX now includes xAI.

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