SpaceX has filed an updated S-1/A filing ahead of its initial public offering, with some outlets reporting a price target of $135. The company's valuation is reported to be between $1.75 trillion and over $2 trillion, with some predictions suggesting it could reach as high as $4 trillion. The actual valuation and stock price on the first day of trading are unclear, with reports ranging from $75 billion to over $2 trillion and a closing price of $161.11.