Tesla (TSLA) CEO Elon Musk is preparing to make history again, but this time the rocket he's launching is a financial one. SpaceX reportedly outlined details of its highly anticipated IPO at a meeting with its team of bankers Monday night, revealing plans to allocate an unprecedented portion of shares to retail investors and raise $75 billion at a valuation as high as $1.75 trillion.
If successful, it would be the largest initial public offering ever recorded, dwarfing Saudi Arabia's Aramco, which raised $29 billion in 2019.
