SpaceX plans to raise at least $75 billion in an IPO and is targeting a $1.75
trillion valuation including the overallotment option, sources said. After
preliminary investor outreach the company intends an all-primary share sale,
with proceeds to the company rather than existing shareholders. The proposed
deal would include a green‑shoe/overallotment to expand supply if demand exceeds
expectations. Sources warned deal size and other terms could change as investor
meetings continue.