SpaceX Jumps in First Trades Following Record $75 Billion IPO

About this episode

The episode discusses SpaceX's record $75 billion IPO and its implications for the stock market and the space economy.

Watch Paul and Scarlet LIVE every day on YouTube: http://bit.ly/3vTiACF . Bloomberg Intelligence hosted by Paul Sweeney and Scarlet Fu -Anthony Hughes, Bloomberg US Equity Capital Markets Reporter, discusses SpaceX’s IPO. Shares of SpaceX climbed in their first day of trading after the company made history with a $75 billion IPO. The stock sold for $150 in its opening trade on Nasdaq, 11% above its $135 offering price, and climbed as high as $168.75. -George Ferguson, Bloomberg Intelligence Senior Aerospace, Defense, & Airlines Analyst, discusses SpaceX’s IPO. According to Bloomberg Intelligence: The strongest 2Q revenue growth should come from xAI, as the Anthropic data-center deal adds $1.5 billion and propels SpaceX sales to $7.3 billion. -Ross Hamilton, Chief Operating Officer at Space Network, discusses the broad impact of SpaceX’s IPO, and the space economy. See omnystudio.com/listener for privacy information.

People in this episode

Hosts: Paul Sweeney, Scarlet Fu

Guests: Anthony Hughes, George Ferguson, Ross Hamilton

Topics covered

• SpaceX IPO
• stock market
• aerospace
• investment
• capital markets

Keywords

• SpaceX
• IPO
• stock trading
• aerospace
• investment

Mentioned in this episode

Organizations: Bloomberg, SpaceX, Nasdaq, Bloomberg Intelligence, xAI, Anthropic, Space Network

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