Elon Musk’s aerospace firm plans to raise $75 billion in a record IPO targeting a $1.75 trillion valuation with a greenshoe option.
SpaceX aims to raise at least $75 billion in its initial public offering, targeting a $1.75 trillion valuation including a greenshoe option. The company has indicated this figure after early investor meetings, though plans remain subject to change as roadshows begin this week.
The IPO would mark one of the largest in history, following a preliminary valuation estimate of $1.75 trillion. The offering will be all-primary, with proceeds directed to the company rather than existing shareholders.
Investor roadshows are set to start Thursday, offering public investors a chance to participate in SpaceX’s satellite, space exploration, and AI ventures. The greenshoe option allows underwriters to sell additional shares if demand exceeds expectations.