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

SpaceX is preparing what sources described as the largest initial public offering in history, with plans to sell more than 555 million shares at $135 each, raise at least $75 billion and seek a valuation above $1.75 trillion. Fortune reported that proceeds could rise to $85.7 billion if underwriters use additional allotments, and the shares are expected to price Thursday evening and trade Friday on Nasdaq under the ticker SPCX. Analysts cited possible pressure on stock-market liquidity from t...