SpaceX targets $1.75 trillion valuation in all-primary IPO next week, sources say
SpaceX, Elon Musk's rocket and satellite company, plans to target a valuation of $1.75 trillion in its blockbuster initial public offering, which will consist entirely of new shares, three people familiar with the matter said on Tuesday, Reuters reported. The IPO is expected to be structured as an all-primary offering, meaning all proceeds would go to the company and existing SpaceX shareholders will not be able to sell any of their shares in the IPO, the sources said.Sharehol
