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Has a Second Space Age Turned Space Into Industrial Infrastructure?

On June 15, 2026, SpaceX completed its initial public offering, issuing 638,888,888 Class A shares at $135 per share and generating $85.675 billion in net proceeds after underwriting commissions and offering costs. The transaction placed one of the world’s largest launch, satellite communications, and space technology companies directly inside public capital markets on a scale rarely associated with aerospace companies.
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New Space Economy broke the news on Tuesday, August 18, 2026.
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