⏳ Reading Time: 3 minutesWith so much attention focused on the SpaceX Initial Public Offering (IPO), some other events in capital markets got less attention than they might have done. SpaceX has been the largest IPO on record, but it wasn’t actually the largest equity raise in the public market in the second quarter. That award went to Alphabet, […]

SpaceX's IPO has raised a record $85.7 billion after underwriters exercised an additional share option, making it the largest public offering in history.

SpaceX raised up to $86 billion in the largest IPO ever, then spent $60 billion on AI startup Cursor as Musk targets OpenAI and Anthropic.