SpaceX is expected to conduct an IPO next week, seeking a valuation of approximately $1.75 trillion

According to informed sources, SpaceX plans to conduct a major IPO next week, with a target valuation of approximately $1.75 trillion. Sources said that the rocket manufacturer, owned by Elon Musk, may sell less than 5% of its shares, valued at between $60 billion and $80 billion. This proportion is far lower than that of a typical IPO. The exact figures may still change before Wednesday afternoon. The company plans to submit updated documents on Wednesday afternoon, which will include the guidance price range for the offering. Earlier this year, after acquiring the artificial intelligence company xAI, SpaceX's valuation was approximately $1.25 trillion. (Jinshi)