SpaceX targets $75 billion in record IPO (opens in new tab)

SpaceX said in an amended U.S. regulatory filing Wednesday that it plans to sell about 555.6 million shares at $135 each, targeting up to $75 billion in what would be the largest initial public offering on record. The proposed price would value Elon Musk’s rocket, satellite and artificial intelligence company at about $1.77 trillion, above the 2019 Saudi Aramco listing that raised about $25.6 billion to $29.4 billion, depending on the measure cited. The company’s filing lays out a public-mark...