SpaceX eyes $75 billion IPO raise, report says

Elon Musk-led SpaceX is aiming to raise at least $75 billion through an upcoming IPO, Reuters reported via NDTV Profit. The rocket and satellite company is targeting a valuation of about $1.75 trillion including a greenshoe option, after preliminary investor meetings during the testing-the-waters phase shaped expectations. Investor pricing will be watched closely globally.