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

SpaceX set a target price of $135 a share for its planned initial public offering, seeking to sell 555.6 million Class A shares and raise about $75 billion in what would be the largest IPO on record. The offering would value Elon Musk’s rocket, satellite internet and AI company at about $1.75 trillion to $1.77 trillion, placing it among the most valuable listed companies if the sale prices as proposed. The company’s amended SEC filing disclosed the fixed price more than a week before expected...