Under Musk's ownership, SpaceX is aiming to conduct the largest IPO in history, with plans to raise up to $75 billion.

On Wednesday, informed sources revealed that SpaceX, the aerospace and satellite company founded by Tesla, Inc. (TSLA.US) CEO Elon Musk, is considering setting its fundraising target at around $75 billion, far exceeding market expectations. The news said that SpaceX has been discussing the possibility of raising over $70 billion with potential investors. If finalized, this amount would not only significantly surpass the previous expectation of around $50 billion, but also set a new global IPO record, surpassing the historical high of $29 billion set by Saudi Aramco in 2019. In terms of timeline, SpaceX is still planning to go public in June of this year, but the specific timing is subject to adjustment. The company may potentially submit its IPO application in a confidential manner this month, but the final plan remains uncertain. On the valuation front, market expectations are also drawing attention. Sources stated that SpaceX's valuation in the IPO could exceed $1.75 trillion. Previously, through the acquisition of Musk's AI startup xAI, the combined entity's valuation has already reached around $1.25 trillion. With a valuation of $1.75 trillion, SpaceX's market value would rank among the top global companies, second only to a few tech giants such as NVIDIA Corporation (NVDA.US), Apple Inc. (AAPL.US), Alphabet Inc. Class C parent company Alphabet (GOOG.US, GOOGL.US), Microsoft Corporation (MSFT.US), and Amazon.com, Inc. (AMZN.US), exceeding Meta (META.US) and Tesla, Inc. Analysts point out that if SpaceX successfully completes an IPO of this scale, it would not only be a milestone event in the capital market, but also further strengthen its leading position in the commercial aerospace and satellite internet industry.