SpaceX, the aerospace and satellite communications company headed by US tech billionaire Elon Musk, is planning to raise around $75 billion (€64.6 billion) through what would be a record-breaking initial public offering (IPO), according to a regulatory filing released Wednesday.
SpaceX intends to offer 555,555,555 shares at an initial price of $135 per share in an offering which, based on approximately 13 billion shares outstanding, would value the company at approximately $1.765 trillion.
If completed, the IPO would surpass the current fundraising record set by Saudi Arabian oil producer Aramco, which raised $25.6 billion during its 2019 public debut.
Analysts also note that the listing could make Musk — already the world's wealthiest individual — the first person in history to become a trillionaire.Musk founded SpaceX in 2002 [FILE: May 2026]Image: Evan Vucci/REUTERS
SpaceX: What is so unique about this IPO?
