SpaceX completes record $85B IPO, boosting growth and Tesla's AI edge

Space Exploration Technologies (SpaceX) successfully completed the largest initial public offering in history, raising over $85 billion. This massive capital raise highlights strong confidence in the company's growth plans and reinforces Tesla's position as a leading vertically integrated AI company. Meanwhile, stocks like FIGS, Inc. and Guidewire Software, Inc. saw declines due to investor repositioning and delayed deals, respectively. The news reflects significant market activity and strategic shifts in key growth sectors.