Elon Musk’s SpaceX Could File For Its IPO As Soon As This Week, Aiming To Raise $75 Billion: Report

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Elon Musk-led commercial spaceflight company SpaceX is reportedly planning to file for its proposed IPO as early as this week, aiming to raise up to $75 billion.

20% Shares For Retail Investors

Citing an anonymous source familiar with the matter, The Information reported on Tuesday that the company could file for its IPO this week or next.

SpaceX’s confidential filing would show that the company is still targeting a June listing. The space flight giant was earlier mulling a listing on NASDAQ.

The report also mentioned that SpaceX could allocate more than 20% of shares to retail investors during the IPO, which could turn out to be the biggest IPO in history, considering the $75 billion being raised.

SpaceX didn’t immediately …

Full story available on Benzinga.com

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