Elon Musk’s rocketmaker SpaceX has told investors it hopes to raise roughly $75bn in its initial public offering, raising its ambitions for what was already set to be the largest listing in history.
The Texas-headquartered company had previously signalled it was seeking to raise $50bn, dwarfing the $29bn Saudi Aramco raised in 2019.
SpaceX executives added a further $25bn to that figure in a meeting with investors on Wednesday, said people familiar with the matter.
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