SpaceX plans to raise $US75 billion ($A105 billion) in its initial public offering by selling 555.6 million shares at a target price of $US135 ($A188) per share, a source familiar with the matter has told Reuters.
Reuters reported earlier on Tuesday the rocket and satellite communications company hoped to raise at least $US75 billion ($A105 billion), at a valuation of $US1.75 trillion ($A2.44 trillion).
The listing leads a wave of high-profile private companies preparing to test public markets after years of muted large-cap IPO activity, with SpaceX widely viewed as one of the most consequential offerings in recent history alongside artificial intelligence giants OpenAI and Anthropic.