SpaceX Prepares for Massive IPO Launch

Elon Musk’s SpaceX is set to launch a massive IPO in the United States, valuing the company at $1.75 trillion and aiming to raise $75 billion. This would become one of the largest IPOs in history, surpassing Saudi Aramco’s 2019 record.

Indian investors cannot directly participate in the IPO but may buy shares later in secondary markets after listing. Under RBI’s Liberalised Remittance Scheme, residents can invest up to $250,000 annually abroad. The expected issue price is around $135 per share.