SpaceX (SPAC) IPO Valuation Hits $1.75 Trillion with $75 Billion Raise

AI Summary

SpaceX (SPAC) has announced a valuation of $1.75 trillion as it approaches its initial public offering (IPO). The company aims to raise at least $75 billion, setting a record for IPOs. It plans to issue 555.6 million shares priced at $135 each. This significant valuation and funding could impact the investment landscape, attracting attention from both retail and institutional investors.