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The company’s stock closed under $150 yesterday, its first day in the Nasdaq 100, for the first time since its June 12 IPO, possibly imperiling Elon Musk’s title as the world’s first trillionaire.—
Andrew Nusca,
Fortune,
8 July 2026 Kenya’s government held 35% after the 2008 IPO and left management to its private partners.—
James Broughel,
Forbes.com,
8 July 2026 The rocket company’s fundraising comes after rival SpaceX’s record $86 billion IPO, which made Elon Musk a trillionaire.—
Tasneem Nashrulla,
semafor.com,
8 July 2026 Still, SpaceX shares are down 21% from their closing peak shortly after the IPO.—
John Towfighi,
CNN Money,
7 July 2026 See All Example Sentences for IPO