Here’s how SpaceX’s debut stacks up against other major IPOs

SpaceX's $1.75 trillion IPO raised $85.7 billion, with its stock surging 19% on its debut and reaching $2.4 trillion in valuation. The IPO is compared to Saudi Aramco's $1.7 trillion offering in 2019 and Alibaba's $21.8 billion IPO, while SpaceX faces scrutiny over its $4.9 billion net losses despite revenue growth. Elon Musk's wealth increased to a trillionaire status, but the company's long-term profitability remains uncertain.