Space Exploration Technologies Corp. (SpaceX), trading as SPCX, raised USD 75 billion at USD 135 a share, opened higher, and closed at USD 160.95, crossing a market value of about USD 2.1 trillion on debut. Yet behind the market fireworks lies a more troubling prospectus story across its three verticals.
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https://theprobe.in/economy/spacex-ipo-elon-musk-investors-12040316

SpaceX IPO Made Elon Musk Richer, Investors Powerless

SpaceX IPO smashed records at $2 trillion, but Elon Musk's governance structure leaves shareholders with risk. Governance, Economy, World, Science & Technology

The Probe