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International Business Times
International Business Times
Business
Merin Rebecca Thomas

SpaceX Targets $1.75 Trillion Valuation In IPO Expected To Raise At Least $75 Billion

The valuation includes a greenshoe option that would allow underwriters to sell additional shares if investor demand exceeds the initial allotment.

SpaceX is seeking a valuation of approximately $1.75 trillion in its planned initial public offering, positioning the Elon Musk-led company for one of the largest stock market listings ever recorded.

The company aims to raise at least $75 billion through the offering and has shared the valuation target with investors during preliminary meetings ahead of its IPO roadshow, according to people familiar with the matter cited by Reuters. The valuation includes a greenshoe option that would allow underwriters to sell additional shares if investor demand exceeds the initial allotment.

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