The financial world has witnessed many spectacular IPOs. From Alibaba to Facebook and the Saudi oil giant Saudi Aramco, numerous companies have set records and made headlines. Now, however, a new contender could surpass all previous benchmarks: SpaceX.
The aerospace company founded by Elon Musk is planning an IPO that, according to current reports, could reach a volume of around $75 billion. If this goal is indeed realized, it would be by far the largest Initial Public Offering (IPO) in history.
An IPO of Superlatives
The current record holder is the Saudi Arabian energy company Saudi Aramco, which raised about $29 billion during its IPO in 2019. SpaceX could more than double that figure.
Reports indicate that SpaceX is aiming for a valuation of approximately $1.75 trillion. At the same time, the company is expected to raise around $75 billion in fresh capital. This would not only break all previous IPO records but also catapult SpaceX into the league of the world's most valuable publicly traded companies.
For comparison: Many DAX companies together do not reach the market valuation that SpaceX is already targeting at...
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