Elon Musk’s rocket and satellite firm plans to raise $75 billion in an all-primary offering targeting a record $1.75 trillion valuation.
SpaceX aims to raise at least $75 billion in its initial public offering, targeting a $1.75 trillion valuation including a greenshoe option. The IPO, set to begin investor roadshows this week, would be one of the largest in history if finalized at that level.
The company previously considered a preliminary valuation near $1.75 trillion, though plans remain subject to change as investor meetings progress. The offering will be structured as all-primary, meaning proceeds will fund SpaceX rather than existing shareholders.
Investor demand for the greenshoe option, which allows underwriters to sell additional shares, could further boost the raise. The IPO offers public investors access to Musk’s space and satellite ventures, a key asset in his business empire.