Key facts
- SpaceX is expected to price its IPO, potentially raising $75 billion.
- This offering is anticipated to become the largest IPO in history.
- The SpaceX IPO would surpass Saudi Aramco's 2019 record of $29.4 billion.
- The offering has reportedly attracted over $70 billion in retail orders and is oversubscribed.
SpaceX is on the verge of setting a new record for the largest initial public offering (IPO) in history, with expectations that it will raise approximately $75 billion. This figure would significantly surpass the $29.4 billion raised by Saudi Aramco in its 2019 market debut, which had held the record for nearly seven years. The anticipated SpaceX offering has already garnered substantial interest, reportedly attracting over $70 billion in retail orders alone and is heavily oversubscribed.