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SpaceX Conducts Largest IPO in History at 6,2 трлн ₽

SpaceX Conducts Largest IPO in History at 6,2 трлн ₽

Photo: TechCrunch

Quick answer

SpaceX’s record 6,2 трлн ₽ IPO will fund debt repayment, AI infrastructure development, Starlink expansion, and launch pad upgrades.

SpaceX has completed the largest initial public offering (IPO) in history, raising 6,2 трлн ₽. Underwriters exercised an option to purchase additional shares, exceeding the initial 5,4 трлн ₽ target and setting a new record.

Proceeds will be allocated to key initiatives: 1,4 трлн ₽ for debt repayment tied to X (formerly Twitter*) and xAI projects, which were integrated into SpaceX prior to the IPO. The remaining funds will support AI infrastructure development, Starlink’s satellite internet expansion, and launch pad upgrades.

SpaceX shares debuted on Nasdaq on Friday, with the company’s market capitalization surpassing 143,8 трлн ₽ by the end of the trading day, making Elon Musk the world’s first trillionaire. On Monday, stock prices continued to climb, allowing SpaceX to surpass Taiwanese semiconductor giant TSMC in valuation.

** Social network X (Twitter) is banned in the Russian Federation.

Common questions

How will SpaceX use the IPO proceeds?
Part of the funds—1,4 трлн ₽—will cover debts tied to X (formerly Twitter*) and xAI projects. The remainder will invest in AI infrastructure, Starlink network expansion, and launch site modernization.
What is SpaceX’s current market cap after the IPO?
Following its Nasdaq debut, SpaceX’s market cap exceeded 143,8 трлн ₽. Stock prices surged further on Monday, overtaking TSMC’s valuation.
Why was SpaceX’s IPO historic?
The 6,2 трлн ₽ raised set a new record, surpassing the previous IPO high also held by SpaceX at 5,4 трлн ₽.
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Why trust this

Prepared by the V-Help editorial team from the primary source with a published date.

Published by: V-Help.ru news desk

Source: TechCrunch