SpaceX plans to conduct an IPO next week, seeking an approximately $1.75 trillion valuation

Odaily reported that according to sources familiar with the matter, SpaceX plans to conduct a major IPO next week, with a target valuation of approximately $1.75 trillion. The sources said that Elon Musk's rocket manufacturing company may sell less than 5% of its shares, valued at between $60 billion and $80 billion. This proportion is much lower than 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 pricing guidance range for the offering. Earlier this year, after acquiring the AI company xAI, SpaceX's valuation was approximately $1.25 trillion. (Jin Ten)