SpaceX (SPCX) Expected Largest IPO with $75 Billion Target

SpaceX filed its IPO prospectus with plans to raise around $75 billion, potentially making it the largest IPO in history, surpassing Alibaba's $22 billion offering in 2014. The IPO comes amid a stagnant market due to inflation and rising interest rates. Investors are optimistic that SpaceX's debut will invigorate the IPO market, which has been muted since late 2021. Previous large U.S. IPOs include Visa's $18 billion in 2008 and Facebook's $16 billion in 2012, showcasing the significance of this upcoming offering for market dynamics.