Elon Musk's SpaceX has announced an ambitious plan for its initial public offering (IPO), proposing a share price of $135, which would value the company at an unprecedented $1.75 trillion. This valuation represents a significant increase from its previous $1.25 trillion valuation earlier this year. SpaceX aims to raise a record-breaking $75 billion through this IPO, surpassing the current record held by Saudi Aramco. The company's decision to reveal its price estimate over a week before its expected Nasdaq trading debut on June 12 is a highly unusual move in stock market history. While this pricing could make Musk a trillionaire and SpaceX one of the world's most valuable companies, analysts caution that nearly half of companies going public in the last 30 years have seen their value decrease post-listing, and SpaceX's valuation is based on future earnings rather than current performance, despite significant net losses in the past year.