SpaceX completed an initial public offering, with its market valuation exceeding $2 trillion afterward. The merger between SpaceX and xAI had previously been valued at $1.25 trillion, according to CNBC.com. The IPO price was set at $135 per share, according to multiple sources. A retail investor named Joseph Gutheinz purchased $100,000 worth of SpaceX shares at $161 each on the open market, according to GDelt. Accounts differ on the total amount raised in the IPO, with multiple sources reporting $75 billion and WTAE reporting $85.7 billion. According to GDelt, retail investors were allocated up to 30% of shares in the IPO, and retail investor demand was strong. Retail investors also purchased shares on the open market after missing IPO allocations, according to GDelt. According to the Bangkok Post, SpaceX is preparing for an initial public offering that could be the largest in history, and Elon Musk could become the world’s first trillionaire as a result of the offering.