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The Nexus
BUSINESSJun 19 · 07:00 UTCFORTUNEShawn Tully

The $17 billion mistake hidden inside SpaceX’s blockbuster IPO

SpaceX's June 12 IPO achieved a $2 trillion valuation but left $16.7 billion in potential proceeds uncollected due to pricing strategies and the Green Shoe option. The first-day stock price rose 19%, aligning with historical averages, though the total 'left on the table' amount shattered previous IPO records.

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Mentioned
SpaceXorganizationElon MuskpersonJay RitterpersonUniversity of FloridaorganizationIPOtopicGreen ShoetopicVisaorganizationsoft dollarstopic
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