SpaceX Sets Stage for Record $75 Billion IPO — $1.77 Trillion Valuation

SpaceX has announced intentions to generate $75 billion through an initial public offering at approximately a $1.77 trillion valuation, issuing 555 million shares at $135 per share with trading set to commence next Friday. This unconventional IPO would raise $75 billion, making it the largest initial public offering in history, surpassing the previous record held by Saudi Aramco's $29.4 billion IPO in 2019. The SpaceX IPO documents emphasized not just expanding human space exploration but also the company's plans for artificial intelligence and advanced propulsion technologies. CEO Elon Musk's approach to the public offering differs significantly from traditional IPOs, with Musk maintaining nearly 50% of the company's voting power through his ownership stake, ensuring continued control over strategic decisions even after going public. The IPO will issue 555 million shares at $135 per share, representing approximately 3% of the company. This valuation of $1.77 trillion would make SpaceX one of the most valuable companies globally, surpassing major technology corporations and confirming the market's appetite for space exploration and advanced aerospace technology stocks. SpaceX's…