SpaceX (SPACE) IPO prospectus expected next week with $75B target

SpaceX (SPACE) plans to disclose its IPO prospectus as soon as next week after confidentially filing in April. The company is targeting a record share sale between $70 billion and $75 billion, more than double Saudi Aramco’s 2019 offering. SpaceX's merged valuation with xAI stands at $1.25 trillion, and the listing could attract interest from international retail investors. The roadshow to market the IPO to investors is set to begin on June 8, pending the regulatory timeline.