SpaceX aims for $75 billion IPO at $135 per share, source says

SpaceX is gearing up for a massive initial public offering, aiming to raise $75 billion by selling shares at $135 each, according to a source familiar with the matter.

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SpaceX plans to raise $75 billion in its initial public offering by selling 555.6 million shares at a target price of $135 per share

The rocket company's ambitious valuation of $1.75 trillion rests on its potential to lead in future technologies and markets, including Mars colonization and space-based artificial intelligence data centers. This forward-looking valuation is particularly notable given that many of these markets do not yet exist.

In an unusual move for an IPO, SpaceX is setting a specific target price early in the process. The company's roadshow, where potential investors will meet with executives, kicks off on Thursday. This marketing tour is expected to be one of the most closely watched in recent years, as investment bankers work to build demand for what could be a record-breaking $75 billion order book.

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SpaceX's roadshow begins on Thursday.

SpaceX is also considering a significant allocation of up to 30% of the offering to individual investors. This strategy could tap into the strong following of its founder, Elon Musk, and broaden the company's ownership base.

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the company is considering allocating as much as 30 per cent of the offering to individual investors