SpaceX is preparing for its initial public offering, targeting a valuation of about $1.77 trillion and raising roughly $75 billion. The IPO will give Wall Street a decisive role in governing Elon Musk's SpaceX and could set a precedent for future tech listings. SpaceX, Elon Musk, underwriting banks, retail and institutional investors Trading will begin shortly, with the share price expected to be set around $135, and market reaction will influence subsequent tech IPOs. SpaceX plans to list on the stock market, raising roughly $75 billion and valuing the company at about $1.77 trillion. The offering is oversubscribed, especially among retail investors, and will be the largest IPO ever. Wall Street firms will gain considerable sway over the company's governance and future funding decisions. The high demand reflects strong investor confidence but also raises concerns about valuation and risk exposure.
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