What to Know About the SpaceX IPO: Explainer

Elon Musk’s SpaceX is poised to have the largest stock-market debut in history when it holds its initial public offering in June. SpaceX is aiming to raise as much as $75 billion in the listing, more than twice the previous record holder, at a valuation of at least $1.8 trillion.

The IPO is expected to be a market spectacle as investors get a chance to buy into Musk’s vision to create a combined space and AI powerhouse. His long list of growth plans — including putting data centers in space — are hugely ambitious but also come with ...