BNN Bloomberg
🏢 Bell Media
Jun 2, 2026
· 3 min read
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SpaceX targets US$1.75 trillion valuation including greenshoe option in record IPO, Reuters sources say - BNN Bloomberg
Original article ↗B.I.A.S. ANALYSIS
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Heuristic (v1/v3)
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ML v2 (DistilBERT)
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Article Excerpt
SpaceX, Elon Musk’s rocket and satellite company, plans to target a valuation of US$1.75 trillion, including a greenshoe option, in its blockbuster initial public offering, two people familiar with the matter told Reuters on Tuesday.
After some early meetings with investors, or a “testing the waters” process, the company has indicated it plans to raise at least $75 billion, the sources said, requesting anonymity to discuss confidential information. The greenshoe option gives underwriters the right to sell additional shares if investor demand exceeds expectations, typically up to 15 per cent.
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