That’s a fascinating figure, but it seems there might be a misunderstanding or a report of a hypothetical event. **SpaceX has not yet held an Initial Public Offering (IPO).**
Elon Musk has repeatedly stated that SpaceX will likely remain a private company until it is consistently generating positive cash flow from its Mars colonization efforts.
While SpaceX’s valuation has soared in private markets and it has raised significant capital through private funding rounds and secondary share sales (reaching valuations well over $100 billion, sometimes even over $150 billion in private transactions), these are distinct from an IPO. The figures you cited ($87.5 billion vs. $75 billion) might refer to:
* **A potential future valuation:** Analysts and investors often project what an IPO might look like.
* **A specific private funding round:** SpaceX has conducted many large private rounds.
* **Secondary market transactions:** Where existing private shareholders sell shares to new private investors.
* **A misunderstanding of a news report:** Perhaps a report on a valuation estimate or private capital raise was misinterpreted as an IPO.
If you’re interested in SpaceX’s private funding history, current valuation estimates in the private market, or specific secondary share offerings, I can provide information on those aspects! But as of now, there has been no public listing for SpaceX.

