- SpaceX plans to file for an IPO prospectus as soon as this week
- The company could seek to raise more than $75 billion in the offering
- Previous expectations estimated a $50 billion raise this summer
SpaceX aims to file a prospectus for an initial public offering as soon as this week, the Information reported, kicking off one of the year's most-anticipated market debuts.
Elon Musk's company could try to raise more than $75 billion, the media outlet said, citing a person with direct knowledge of the plans.
ALSO READ: SpaceX Eyes Nasdaq IPO In Potentially Biggest Public Offering Ever, Says Report
It had been expected to raise as much as $50 billion in a record-setting IPO this summer that could value the space exploration company at more than $1.75 trillion. That capital-raising would shatter the previous high watermark set by Saudi Aramco's $29.4 billion listing in 2019.
ALSO READ: SpaceX Said To Weigh Dual-Class IPO Shares To Empower Elon Musk
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