SpaceX targets fixed $135 IPO roadshow price at $1.75 trillion valuation, source says
AI Summary
SpaceX is reportedly planning an IPO with a fixed roadshow price of $135 per share, aiming for a valuation of $1.75 trillion, which would rank it among the largest companies in the U.S. This ambitious valuation would place SpaceX ahead of Tesla, which currently holds a market cap of around $1.6 trillion. The move underscores Elon Musk's vision to expand his business empire and could have significant implications for the aerospace industry, as well as for investors and the broader market dynamics.
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