BlockBeats News, April 1, Elon Musk’s space company SpaceX has secretly filed for an IPO.
According to 1M AI News’ prior monitoring, SpaceX is notifying potential IPO investors that it expects to launch investor briefing sessions led by company executives in April after the Easter holiday period (testing-the-waters meetings), while also submitting its IPO application as early as this month. The IPO funding size could be as high as $75 billion, with the valuation possibly reaching $1.75 trillion, potentially surpassing Saudi Aramco’s roughly $29 billion record from 2019 and becoming the largest IPO in history.
In terms of the allocation structure, Musk is considering assigning up to 30% of the shares to retail investors—at least three times the usual 5% to 10% allocation. SpaceX CFO Bret Johnsen has communicated this plan to Wall Street. Musk’s strategy is to rely on a loyal base of individual investors to help stabilize the share price after going public, reducing short-term selling behavior.