SpaceX has completed a record-breaking IPO on the Nasdaq, raising $75 billion and reaching a valuation of $1.77 trillion.Elon Musk retains 85.1 percent voting power under a governance structure that limits shareholder oversight despite the transition to a public company.While the offering highlights investor confidence in the firm's aerospace ambitions, analysts warn of high valuations and ongoing profitability challenges following the acquisition of
xAI.