SpaceX Said to Target as Much as $75 Billion in Blockbuster IPO

SpaceX is considering a fundraising target in its IPO that would dwarf the previous largest ever debut, according to people familiar with the matter, as billionaire Elon Musk’s rocket and satellite maker moves forward with listing plans.

The company is weighing a ballpark figure of about $75 billion in its initial public offering, one of the people said, asking not to be identified as the information isn’t public. SpaceX has discussed with potential investors the prospect of raising more than $70 billion, some of the people said.

Either figure would be far above the $50 billion target Bloomberg News ...