SpaceX, the company of the world's richest billionaire Elon Musk, has reached the final stage of preparations for issuing the largest initial public offering (IPO) in history. The company aims to raise about $75 billion through the IPO, with a valuation of about $1.8 trillion, according to US media.

According to Reuters, the rocket and satellite company SpaceX plans to price its shares at $135 per share before listing on Nasdaq this week under the SPCX ticker. Reuters had reported that the demand for the IPO, which is set to go public next Friday, had almost doubled, or $150 million, on Friday.

If this IPO is successful, it is being analyzed that it will surpass the world's largest IPO record held by Saudi Aramco and make SpaceX one of the world's most valuable public companies. Musk has long said that SpaceX's main goal is to develop technology that will allow humans to colonize other planets. SpaceX shares have been highly sought after by investors. Bankers working on the IPO have said that more offers have been received than are available. The proposed $75 billion IPO would dwarf the $29.4 billion raised by Saudi Aramco in 2019 and the $25 billion raised by companies like Alibaba and SoftBank. If it were to go public at a valuation of about $18 billion, SpaceX would be larger than many established technology and industrial companies and would be among the top U.S. listed companies by market value. Founded in 2002, SpaceX has been involved in commercial activities such as reusable rockets, cargo and manned space missions for NASA, and the Starlink satellite internet network. The company had revenue of about $18.7 billion in 2025. The company has not yet reached profitability due to heavy investments in Starship, the spacecraft that will take humans to the moon, and other satellite expansion and AI projects.