Elon Musk's SpaceX is accelerating its IPO process and may submit its prospectus as early as this week, aiming to go public in June. According to sources familiar with the matter, the fundraising could exceed $75 billion, far higher than previously expected, with a valuation reaching $1.25 trillion, potentially setting a new record for U.S. IPOs. Notably, SpaceX plans to significantly increase the proportion allocated to retail investors, possibly exceeding 20%, and may break the traditional six-month lock-up period. At the same time, the company may still be operating at a loss, and its previous acquisition of xAI has led some institutions to remain cautious. The roadshow will emphasize rocket launches, the Starlink satellite network, and orbital data business, while downplaying other assets such as X, reinforcing its positioning as a "space infrastructure" company.