SpaceX IPO aims to raise $75B at $1.75T valuation

Along with the high retail allocation, SpaceX is also said to be preparing unique investor engagement strategies. Potential investors might even get an invite to SpaceX launch facilities for a first-hand look at rocket launches and manufacturing operations. This immersive approach is rare in the industry and shows the company's confidence in its long-term growth story.

The target valuation of $1.75 trillion is a major jump from the $1.25 trillion valuation set when SpaceX merged with Musk's AI start-up xAI in February. The company's last tender offer, which allows employees and investors to sell their existing shares, valued it at $800 billion before the xAI merger. While this high valuation could mean better returns for early investors, it also raises concerns about potential overpricing and post-IPO price corrections.