Elon Musk's SpaceX began trading on Nasdaq after raising $75 billion in an IPO. With this, SpaceX surpassed Saudi Aramco's $29-billion IPO record set in 2019. Next, Alibaba raised $25 billion on the New York Stock Exchange in 2014. In fourth and fifth place are Softbank Corp and NTT Mobile Communication Network, which raised $21.3 billion and $18 billion, respectively.