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The Nexus
BUSINESSJun 14 · 12:00 UTCFORTUNEMarco Quiroz-Gutierrez

SpaceX went from three consecutive rocket explosions and near-bankruptcy in 2008 to the biggest IPO in history

SpaceX's IPO in 2024 made it one of the world's most valuable companies with a $2 trillion market cap, despite facing three consecutive rocket explosions and near-bankruptcy in 2008. Elon Musk admitted he initially gave SpaceX less than a 10% chance of success.

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