The company set a target price for buyers earlier than expected, giving investors an early read on how public-market demand may shape Elon Musk’s empire.

SpaceX's updated IPO prospectus puts Elon Musk's shares above $866 billion, sharpening the stakes for investors, rivals, and boards watching private-market valuations.

The filing would make Elon Musk’s rocket company the biggest public debut ever, while preserving his grip on the vote and setting a new benchmark for hot private-market exits.

Elon Musk's rocket maker is poised to top Saudi Aramco's 2019 debut in valuation and money raised, a reminder that pricing alone can rewrite market history.

The filing fixes SpaceX at 555.6 million shares at $135 apiece, while Musk still controls 82.4% of voting power and public buyers get a sliver of the float.

A fixed $135 IPO roadshow price would put SpaceX at $1.75 trillion, a milestone that reshuffles how founders, boards, and public-market investors compare private and listed giants.