SpaceX IPO raised $86 billion
SpaceX's IPO became the largest in history, raising $86 billion after strong demand pushed it above the initial $75 billion target.
Snapshot · The Prof G Pod with Scott Galloway
China Decode: Why China Got Locked Out of SpaceX and America’s Biggest IPOs (ft. Ed Elson)
Explore episode
Jun 16, 2026
Where this was said
Markets Check-In & SpaceX IPO Overview
At 4:59 · chapter starts 3:00
Alice Han opens the main discussion with a quick Monday market check: Chinese indices finished strongly on the back of news that the US and Iran had reached a deal potentially reopening the Strait of Hormuz, with the CSI 300 up 2.4%, Shenzhen Composite up 3.4%, and the Shanghai Composite up 1.6%. She then sets the stage for the episode's two headline stories — SpaceX completing the largest IPO in history and making Elon Musk the world's first trillionaire, and the Pentagon's latest round of Chinese Military Companies designations covering Alibaba, BYD, and Baidu. Alice frames the week as historically significant, even slipping in a note that the Knicks won against the Spurs for the first time since the 1970s.
SpaceX's $86B IPO: The Biggest in History
SpaceX raised $86 billion in its IPO — the largest in history — after demand blew past the initial $75 billion target. The stock rose over 30% in the first week, but Ed Elson warns lockup expirations will put serious downward pressure over the next six months.
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