Cerebras · Google · Amazon · SpaceX · Elon Musk · Wall Street · CNBC Technology
Bonkers SpaceX stats that show how staggering the money movement has been
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Since SpaceX's record-breaking IPO late last week, Elon Musk's second trillion-dollar company has been the talk of Wall Street.
Key facts
- Oil producer Saudi Aramco raised $25.6 billion in 2019, with that number increasing to $29.4 billion when underwriters exercised their so-called greenshoe option
- Uber, for example, raised $8.1 billion in 2019, and chipmaker Cerebras raised $6.4 billion last month
- Among the other tech megacaps, the biggest deals include Google's purchase of Wiz for $32 billion in 2025, Facebok's purchase of WhatsApp in 2014 for $19 billion and Amazon's acquisition of Whole
- That's more trading than what took place in popular exchange-traded funds QQQ and SPY, which averaged $33 billion and $46 billion, respectively, over that stretch
Summary
There are too many eyepopping numbers to count, but here are a few that stand out:. SpaceX saw record-smashing trading volumes in its first few days as a public company. On Friday, its first day on the market, SpaceX saw $85 billion dollars worth of shares trade hands. That's more trading than what took place in popular exchange-traded funds QQQ and SPY, which averaged $33 billion and $46 billion, respectively, over that stretch.