The 10 biggest stock market IPOs as SpaceX set to shatter records
SpaceX is poised to launch a Wall Street IPO next month, potentially raising $75 billion and surpassing the current record of Saudi Aramco’s $25.6 billion IPO in 2019. The article lists the 10 largest stock market IPOs in history, including Alibaba, SoftBank, and Visa, with SpaceX’s potential offering dwarfing all previous ones.
SpaceX, Elon Musk’s rocket and AI company, is preparing for a Wall Street IPO next month that could raise up to $75 billion, shattering existing records. If successful, the offering would surpass Saudi Aramco’s $25.6 billion IPO in December 2019, the current largest in history. The article highlights the top 10 biggest stock market IPOs globally. Alibaba raised $21.8 billion in September 2014 during its New York Stock Exchange debut, while SoftBank Corp secured $21.3 billion in Tokyo in December 2018. Agricultural Bank of China and ICBC raised $19.2 billion and $19.1 billion, respectively, through dual listings in Shanghai and Hong Kong. NTT Mobile’s $18.1 billion IPO in Tokyo (1998) and Visa Inc’s $17.9 billion debut in New York (2008) also rank among the largest. AIA Group’s $17.8 billion listing in Hong Kong (2010) and Enel’s $16.5 billion offering in Milan and New York (1999) round out the top ten. Facebook, now Meta, raised $16 billion in its 2012 New York debut. Analysts suggest SpaceX’s potential valuation could redefine market benchmarks, given its dominance in aerospace and AI innovation. The IPO would mark a significant milestone for Musk’s company, blending private sector ambition with public market expectations.
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