SpaceX is reportedly planning an IPO next week, seeking a valuation of approximately $1.75 trillion

According to sources familiar with the matter, SpaceX plans to launch a blockbuster IPO next week, with a target valuation of around $1.75 trillion. The sources stated that Elon Musk's rocket manufacturer may sell less than 5% of its shares, valued at approximately $60 to $80 billion. This proportion is far lower than a typical IPO. The exact figures may still change before Wednesday afternoon. The company plans to submit an updated filing on Wednesday afternoon, which will include the price guidance range for the offering. Earlier this year, following the acquisition of the AI company xAI, SpaceX's valuation was around $1.25 trillion. (Jin Shi)