The stats surrounding Elon Musk’s planned IPO for SpaceX are astonishing, Fortune’s Shawn Tully writes. Analyst Franco Granda of PitchBook told him that a $1.75 trillion mark is justifiable based on SpaceX’s gigantic growth opportunities. Even at $1.5 trillion, the SpaceX debut would rank as the second-most-valuable IPO in history—trailing only Saudi Aramco at $1.7 trillion–plus in late 2019, and leagues ahead of Alibaba’s $169 billion in 2014. A $50 billion raise through an IPO would surpass the $44 billion raised through 90 IPOs last year.
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