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Why SpaceX is rocketing toward largest IPO in history

Season 2026 Episode 120 | 6m 13s

SpaceX, the rocket company founded by Elon Musk, will be going public and is expected to become the largest IPO in stock market history. Musk and the company are looking to raise roughly $75 billion. That would raise the company’s value to about $1.7 trillion, automatically making it the world’s most valuable publicly traded company. Geoff Bennett discussed more with Ron Insana.

Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Consumer Cellular and Cunard Cruise Line. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
Extras
June 11, 2026 - PBS News Hour full episode
Trump calls off threatened strikes, says deal with Iran is close
A look at the Albanian island where a Kushner-Trump resort plan has sparked protests
Surveillance program set to expire as Congress rejects FISA extension
World Cup players challenged by dangerously hot weather
News Wrap: Apparent anti-Trump message etched into National Mall
'The Department of Revenge' explores Trump's use of DOJ to settle political scores
Middle East experts assess prospects for U.S.-Iran deal
U.S. launches new strikes in Iran after missiles target American bases
Pulte unqualified for DNI role, but FISA must be extended, Rep. McCaul says