SpaceX Gearing Up to File IPO Prospectus, Eyes $75B+ Raise
SpaceX plans to file its IPO prospectus with regulators within days, potentially raising more than $75 billion.
SpaceX is preparing to go public in what could become one of the largest IPOs in history. The rocket and satellite company is targeting a filing of its IPO prospectus with regulators as soon as this week, with next week as a fallback timeline.
The big number: SpaceX could attempt to raise more than $75 billion in the offering. That figure would be staggering by any measure and would dwarf most tech IPOs on record.
The timeline comes from a person with direct knowledge of the company's plans, according to The Information. Details beyond the filing window and target raise remain scarce.
If SpaceX pulls the trigger on schedule, expect the prospectus to reveal financial details the notoriously private company has kept under wraps for years. Wall Street is about to get a front-row seat to the economics of commercial spaceflight.