SpaceX is the most valuable aerospace company in history
Upon its stock market debut, the rocket manufacturer reached a valuation of 1.77 trillion dollars, surpassing the market cap of social media giant Meta.
The transition from a private venture to a public entity marked a historic shift in the aerospace industry. At its initial offering price of 135 dollars per share, the company was valued at 1.77 trillion dollars. This figure placed it among the most valuable corporations in the United States, trailing only a handful of technology giants like Nvidia, Apple, and Microsoft.