SpaceX, led by Elon Musk, aims to raise $75 billion in its IPO, which would surpass a record previously set by Aramco.

The company plans to sell about 555.6 million shares for $135 in the initial public offering.

SpaceX plans to price its IPO at $135 per share, aiming for a $1.75 trillion valuation while raising at least $75 billion, according to a source.

SpaceX, led by Elon Musk, aims to raise $75 billion in its IPO, which would surpass a record previously set by Aramco.

SpaceX has launched the world's biggest IPO, valued at $1.77 trillion and raising $74.4 billion, surpassing Saudi Aramco's record offering.

Share offering could surpass Saudi Aramco’s record $29.4bn listing, with sale set for June 11