SpaceX aims for $75 billion IPO, eyes $1.75 trillion valuation: sources

SpaceX, the prominent space and satellite firm led by Elon Musk, is reportedly planning an initial public offering (IPO) with the ambitious goal of raising at least $75 billion. According to sources familiar with the matter, the company is targeting a valuation of $1.75 trillion, a figure that includes a "greenshoe" option allowing underwriters to issue additional shares if demand is high.

These plans are still in preliminary discussions with investors and could change as talks progress. SpaceX has not yet commented on the reports. The IPO is structured to ensure that all funds raised will directly benefit the company, rather than being distributed to existing shareholders.

SpaceX is considered the most significant enterprise within the empire of Elon Musk, the world's wealthiest individual. This IPO presents a rare opportunity for investors to gain direct exposure to Musk's ambitious visions for space exploration, global satellite internet, and artificial intelligence.