Summary
SpaceX on Thursday (Jun 11) priced the biggest-ever US initial public offering at US$135 per share. The IPO raised a record US$75 billion on the sale of 555.56 million shares, valuing the space, satellite and artificial intelligence provider at US$1.77 trillion, a record for an initial offering. Ahead of its Nasdaq debut on Friday, CNA speaks to industry experts about what this landmark listing means for investors, the future of the space economy, and the risks of concentrating so much influence in a single company. ProcureAM CEO Andrew Chanin and Wendy Whitman Cobb, professor at the US Air Force School of Advanced Air and Space Studies, share their insights on CNA's Asia First.
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