SpaceX raised $75B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these days

In the old days, companies went public early to access cash to grow. These days, soon-to-be-public companies are already flush with cash from private finance.

By: Brad Badertscher, University of Notre Dame, The Conversation

Outlets: The Conversation

Published: June 12, 2026

Words: 1,126

Last Updated: 5 hours, 9 minutes ago

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By Brad Badertscher, University of Notre Dame

Elon Musk’s SpaceX is becoming a publicly traded company after selling 555.6 million shares in what was the biggest initial public offering in history. But my new research suggests that investors who bought those shares are unlikely to see the explosive growth that past IPOs had.

The rocket and satellite maker raised US$75 billion on June 11, 2026, in the offering, giving it a valuation …

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