India, June 9 -- SpaceX is reportedly expected to launch its IPO on June 12 and trade under the ticker symbol SPCX. This will allow regular retail investors to buy shares of the company for the first time. The company hopes to raise about $75 billion through the IPO.

If SpaceX raises the amount, it would become the largest IPO in history.

The current IPO fundraising record belongs to Saudi Aramco, which raised $29.4 billion in 2019. SpaceX is expected to have a market valuation of around $1.8 trillion after the IPO. At that valuation, the Elon Musk-led company would rank among the world's 10 most valuable firms and could even surpass Tesla in market capitalization.

According to a report by The Motley Fool, many investors still view Spa...