Business & Economy NYT 2h 15m ago 2 sources

SpaceX IPO to Be Largest Ever at $135 Share Price

The upcoming SpaceX IPO is set to be the largest ever, with a share price of $135.

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The upcoming SpaceX IPO is set to be the largest ever, with a share price of $135. This valuation surpasses the 2019 initial public offering of Saudi Aramco, both in terms of valuation and the amount of money raised.

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This matters because persistent inflation can affect borrowing costs, wages, and household budgets across the economy. Signals from the Federal Reserve also influence investor confidence and future market expectations.