CBS News reported that SpaceX completed a $75 billion IPO valuing the company at $1.77 trillion, with shares set to trade on Nasdaq under SPCX and more than $100 billion in retail orders. The same reporting stated SpaceX owns xAI and Starlink while comparing the raise to Saudi Aramco's 2019 IPO. A share price of $135 was disputed by Forbes, and independent analysis flagged the xAI ownership assertion as incorrect.