SpaceX filed publicly for an initial public offering on Nasdaq under the ticker
SPCX, advancing what could become the world’s largest-ever IPO. The company is
targeting as much as $75 billion in the offering at a valuation above $2
trillion, according to people familiar with the matter, surpassing Saudi
Aramco’s record $29.4 billion IPO in 2019. Led by Elon Musk, SpaceX generates
revenue from rocket launches and its Starlink satellite business. Goldman Sachs
and Morgan Stanley are leading the offering, with marketing expected to begin in
June.