SpaceX Just Had the Biggest IPO in History. Here's What It Tells Investors About Buying Anthropic and OpenAI When They Go Public.
SpaceX's blockbuster IPO can help investors make more informed choices when Anthropic and OpenAI eventually go public.
SpaceX Just Had the Biggest IPO in History. Here's What It Tells Investors About Buying Anthropic and OpenAI When They Go Public.
Overview
Space Exploration Technologies' (NASDAQ: SPCX) initial public offering showed how quickly investors can pile into a well-known technology leader once its shares become publicly available. The tech company priced its IPO at $135 per share, aiming to raise about $75 billion. The total later increased to about $85.7 billion after underwriters exercised their option to buy additional shares.
The stock opened at $150, already 11% above the IPO price, and closed its first trading day at $160.95, giving IPO investors a nearly 19% day-one gain.
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Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
