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

SpaceX said in an amended U.S. regulatory filing it plans to sell 555,555,555 Class A shares at $135 each, raising up to $75 billion in an initial public offering that would surpass Saudi Aramco’s 2019 listing as the largest on record. The planned sale would value Space Exploration Technologies Corp. at about $1.77 trillion, placing it near the top tier of listed companies by market value if the offering prices as proposed. The filing says Elon Musk, SpaceX’s chief executive, chief technical ...