SpaceX Makes History With Biggest-Ever IPO

Bloomberg discusses SpaceX's historic $75 billion IPO, which valued the company at $1.7 trillion and moved Elon Musk toward trillionaire status. Bloomberg Intelligence analyst Matthew Bloxham highlights enormous retail and institutional demand, unprecedented sales growth forecasts, and the upcoming Starship launch as key drivers. He also notes investor focus is shifting to the possibility of a Tesla-SpaceX merger, given existing collaboration on the TerraFab chip venture. - SpaceX IPO priced at $135 per share, raising $75 billion with a $1.7 trillion market value. - Retail demand exceeded $100 billion, with 20-30% of shares allocated to retail investors. - Broker forecasts call for over $400 billion in additional sales within five years, unprecedented in scale. - The next Starship rocket launch, planned for late June or early July, is a critical near-term catalyst. - Matthew Bloxham says the Musk narrative is firmly back in favor, driving both retail and institutional interest. - Speculation about a future merger between SpaceX and Tesla is intensifying, with the TerraFab chip venture as an early partnership. - The IPO underscores broad investor appetite for AI and future technology plays.