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Event Brief

Wall Street helped drive SpaceX’s biggest IPO

Bankers persuaded investors to back SpaceX’s IPO despite steep losses and limited control to Elon Musk.
WHO: Wall Street bankers
WHAT: Bankers convinced investors to believe in SpaceX’s strategy for its IPO and handed Elon Musk significant control.
WHEN: Jun 13, 2026 at 6:00 AM ET
WHERE: USA
WHY: Bankers convinced investors to believe in a sci-fi strategy and overlook steep losses while allowing Elon Musk to retain control.

Reporting from 3 identified publishers across this event arc.

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These publishers contributed reporting to the broader event history. Not every source addresses the specific development described above.

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