SpaceX targets record $75 billion IPO as bitcoin treasury and liquidity risks draw focus

[Business Insider] SpaceX wants to raise $75 billion for a record-setting IPO SpaceX plans to raise $75 billion in its IPO. Samuel Boivin/NurPhoto via Getty Images Elon Musk 's SpaceX is planning for the largest IPO ever. The company said in a filing its seeking to raise $75 billion.

It said it plans to offer 555 million shares at $135. SpaceX officially wants to have the largest initial public offering of all time. Elon Musk's rocket company is seeking to raise $75 billion in its initial public offering, according to a filing it submitted to the Securities and Exchange Commission.

It plans to offer 555,555,555 shares of common stock at $135 per share. That offering would be over twice as big as the prior record for the largest IPO, which was set by Aramco when it raised $29 billion for its opening in 2019. The updated filing came a week after SpaceX's initial S-1 , which offered an unprecedented look into the finances and mission of one of the world's most valuable private companies.

Under the proposed offering size, Musk — who serves as CEO, CTO, and chairman of the board — would hold around 82% of the voting power of the company's common stock, the filing said, allowing the founder to maintain significant control. The S-1 filing is a required step ahead of an IPO, and SpaceX is expected to make its stock-market debut this month.

SpaceX is one of several blockbuster tech IPOs that are hotly anticipated, including OpenAI and Anthropic , which filed its own S-1 this week.

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[The Washington Times] SpaceX's IPO is set to be the biggest ever and could make Elon Musk a trillionaire NEW YORK — SpaceX says it plans to raise up to $75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world’s first trillionaire.

, said Wednesday it will sell 555.6 million shares at $135 a piece. The offering would give SpaceX a market value of $1.77 trillion. Only six companies in the S&P 500 are currently worth more, with Nvidia tops at $5.2 trillion. Musk isn’t selling any of his shares in the offering, and he would have 82.4% of the voting power in SpaceX.