SpaceX heading for record-breaking IPO, Musk wants to raise 86.2 billion

SpaceX, the company owned by Elon Musk, has set a price of $135 per share ahead of its Ipo launch, according to a filing with the Sec, the US Securities and Exchange Commission. The company wants to place 555.6 million shares, raising 75 billion dollars in total, with an option to subscribers for an additional 83.33 million shares worth 11.2 billion.

With its 86.2 billion, it would be the largest IPO in history, eclipsing the 29 billion raised by Aramco in 2019. While SpaceX's capitalisation would skyrocket to 1.770 billion. A Musk will have a controlling voting stake of over 82%.