dual class shares
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SpaceX Closes the Largest IPO in History: An Economic Look at What the Company Does, How It Got Here, and Whether USD 1.77 Trillion Is Justified

SpaceX raised USD 75 billion at a USD 1.77 trillion valuation in the largest IPO ever recorded. An economic look at the company’s three business segments, its meteoric rise, current revenues and losses, and a neutral assessment of the bull and bear cases for a 94 times revenue multiple. Continue reading