SpaceX (SPCX) Valuation Nearly $1.8 Trillion Ahead of IPO

AI Summary

SpaceX (SPCX) has set a share price of at least $135 ahead of its impending initial public offering (IPO), which is projected to be the highest-value stock listing in history. The company's valuation has reached approximately $1.8 trillion, a figure established a week prior. SpaceX aims to raise $75 billion through this IPO. If shares sell at or above the expected price, it could potentially position CEO Elon Musk as the world's first trillionaire.