SpaceX IPO Targets Record Valuation

Elon Musk's SpaceX is preparing for a record-setting initial public offering, aiming for a $1.77 trillion valuation.

This move is poised to be the largest stock-market debut in history, though some analysts express concerns about its ambitious valuation and whether the company can live up to the hype.

Reuters reports that the IPO is positioned for an oversubscription rate of two times.

The offering is part of a broader trend of major business and investing stories, including new tariffs proposed by the Trump administration and debates over a 'technical recession.'