SpaceX raised approximately $85.7 billion in its June IPO, the largest in history, after pricing shares at $135. Global space industry funding reached a record $7.95 billion in the first quarter, nearly double the $3.93 billion invested in the previous three months, according to Seraphim Space data. SpaceX’s reusable rocket technology has reduced launch costs by 95 percent since 2008, opening new opportunities for startups. Investors now view space as a less risky domain than before, following SpaceX’s proof that the sector can deliver significant returns to investors, experts said.
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