Escape Velocity — The SpaceX Growth Frontier
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An essay in scrolls
EscapeVelocity
SpaceX's IPO prepares to defy gravity — physical and financial.
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The Offering
The Largest IPO Ever.
SpaceX priced its debut at a $1.77 trillion valuation, edging Saudi Aramco's $1.7T for the largest in history. Each block is $25 billion. Aramco was the only company that ever came close; the famous tech IPOs barely register.
The Offering
But You Can't Buy Much.
Of that $1.77 trillion, only about 4% (roughly $75 billion) is sold to the public. ...
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