market-analysis

Record SpaceX IPO delivers billions for Gulf investors

By CityCalc Newsroom · Fri Jun 12 2026 · Source: AGBI

Gulf investors booked billions of dollars in paper gains after Elon Musk’s SpaceX completed the largest initial public offering in history at a valuation of about $1.8 trillion. The $75 billion flotation, which started trading on Friday, opened at $150, 11 percent above th…

Gulf investors booked billions of dollars in paper gains after Elon Musk’s SpaceX completed the largest initial public offering in history at a valuation of about $1.8 trillion. The $75 billion flotation, which started trading on Friday, opened at $150, 11 percent above th…

Curated by CityCalc from AGBI. Read the full article at the source.

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