SpaceX completed its IPO offering. According to Bloomberg (see here), SpaceX has raised a staggering $75 billion from investors by selling 555.6 million shares at $135 each. At that price, the company will have a market cap of roughly $1.77 trillion. For context, the second-largest amount ever raised during an IPO was $29.4 billion; that was Saudi Aramco’s IPO in 2019. SpaceX will begin trading on the stock market later today. I’m curious to see how receptive public-market investors will be to the company in the coming weeks and months. Regardless, this is a record-setting IPO.