SpaceX expects its IPO to raise $74.4 billion

SpaceX expects its IPO to raise $74.4 billion at a share price of $135. The offering would make it the largest in history with a valuation of about $1.75 trillion. Elon Musk's 50 percent stake would be worth $752 billion. The company plans to use funds for orbital data centers and launching 1 million satellites in sun-synchronous orbit between 500 and 2,000 kilometers.