SpaceX Raises $75 Billion Ahead of Market Debut, Eyes Nasdaq Listing

California. American space and AI company SpaceX has raised 75 billion US dollars even before its debut in the stock market. The company is being listed in the stock market on Friday. With this, SpaceX is expected to be the biggest IPO in American history. In the filing submitted to the American stock regulator, it has been stated that the company is selling shares at 135 dollars per share.

Last week, the company projected that the company's market capitalization would reach 1.8 trillion dollars in the stock market. If this happens, SpaceX founder and chief executive officer Elon Musk will become the world's first 'trillioner' (a person with assets of more than 1 trillion dollars). He is already the richest person in the world.

From Friday, the company's shares will be traded on the American technology-oriented stock market Nasdaq. The price may fluctuate based on investor demand and the availability of shares. 

Some financial analysts have estimated that SpaceX's share price may increase further. Brokerage company Oppenheimer has projected that the company's share price could reach up to 190 dollars per share.