As Elon Musk prepares for what will likely be the biggest listing in history, some top-tier bankers assisting with SpaceX’s public debut are lining up to sing Musk’s praises ahead of the big day. SpaceX is targeting a price of $135 per share when the company goes public—which could happen as early as next week.

Such rule changes would have accommodated SpaceX’s plan to only offer approximately 3 percent of its IPO shares to public investors, and the fact that SpaceX is currently unprofitable with a growing debt load that has reached $29 billion because of its spending spree on AI infrastructure.

SpaceX's entry will take longer after S&P Dow Jones Indices declined to relax rules for megacap IPOs. Reuters U.S. M&A Editor-in-Charge Echo Wang examines the IPO and whether sky-high multiples are justified or reflect the so-called Musk premium.

SpaceX says it plans to raise up to $75 billion when it goes public this month in what could be the largest stock market debut ever, and it would put Elon Musk on course to becoming the first trillionaire.

The incoming week has exciting events on the horizon, including SpaceX's hot IPO, India's key inflation figures for India and the United States, Oracle Corp's fourth quarter earnings, and much more!

Elon Musk’s rocket company, on the cusp of the largest initial public offering ever, will soon end up in index funds after rule changes by Nasdaq and other index providers.

SpaceX will sell its shares for $135 apiece during its IPO, yielding a valuation of $1.77 trillion.

By Echo Wang and Milana Vinn NEW YORK, June 3 (Reuters) - SpaceX publicly set a $135 price for shares in its initial public offering on Wednesday, upending the longstanding Wall Street price-discovery apparatus and underscoring Elon Musk’s determination to raise record sums his way.

Elon Musk’s rocket company said Google would pay it $920 million a month, as it prepared for its initial public offering.

SpaceX is set to go public on June 12.