SpaceX IPO Raises $75 Billion in Biggest Debut of All Time

Bloomberg's Ed Ludlow and Bailey Lipschultz break down the final developments from SpaceX as the company prepares to go public with a record-breaking IPO on Friday. Elon Musk's aerospace company raised $75 billion in the IPO, pricing 555.6 million shares at $135 each, according to a statement on its website Thursday. When asked about what's driving the interest despite the lack of current profits, Ludlow says that many investors believe that profitable opportunities that SpaceX have set out for the future, including data centers in space, may occur even sooner that the company is predicting. (Source: Bloomberg)