SpaceX IPO Valuation Target

SpaceX is targeting a valuation of at least $1.8 trillion for its upcoming initial public offering, a slight decrease from previous estimates of over $2 trillion.

The company is preparing for one of the largest stock-market debuts in history, aiming to raise as much as $75 billion.

Investors are closely scrutinizing SpaceX's financial health and Elon Musk's significant control over the organization's governance.

Despite the risks, the IPO has generated immense hype on Wall Street, with major index funds poised to include the stock in retirement plans as soon as it goes public.