SpaceX Plans Record $75 Billion IPO, Courts Regular Investors for June Launch

SpaceX is gearing up for what analysts believe will be the biggest initial public offering in stock market history. The company plans to raise about $75 billion by selling shares to the public, which would value the entire company at up to $1.75 trillion.

What makes this IPO unusual is SpaceX's plan to heavily court retail investors - regular people who buy stocks through apps like Robinhood or traditional brokers. Most mega-IPOs focus on institutional investors like pension funds and hedge funds, leaving small investors to buy shares only after trading begins.

The company will host a summer event to convince potential buyers that it's worth the massive valuation. A formal roadshow is expected to kick off in June, where SpaceX executives will pitch investors on the company's rocket business, satellite internet service Starlink, and artificial intelligence projects.

SpaceX has been privately valued at around $350 billion in recent funding rounds, making this IPO a major step up in its public market ambitions. The company's rocket launches, NASA contracts, and Starlink's growing subscriber base have made it one of the most anticipated stock debuts in years.

If SpaceX hits its $75 billion fundraising target, it would easily surpass the current IPO record of $29 billion set by Saudi Aramco in 2019.