SpaceX is preparing for the largest stock market debut in history, announcing Wednesday that it planned to raise approximately $75 billion in an initial public offering that would value the company at roughly $1.77 trillion.
The space and satellite giant plans to sell 555.6 million shares at an expected price of $135 per share, according to a filing with the Securities and Exchange Commission. If completed as planned, the offering would eclipse the record-setting $26 billion IPO of Saudi Aramco in 2019 and instantly rank among the largest public offerings ever.
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