Tesla CEO Elon Musk is known for making high-risk decisions, especially when he is confident in the ventures he is pursuing. Against that backdrop, plans to set a fixed IPO price for SpaceX at $135 per share may come as little surprise.
The plans were unveiled on Wednesday in a filing with the Securities and Exchange Commission. Musk is seeking to raise around $75 billion through the initial public offering of SpaceX's stock, a move that would value the rocket and satellite communications company at approximately $1.77 trillion, according to Reuters.
