By Shashwat Chauhan

May 15 (Reuters) – SpaceX is targeting a valuation of roughly $1.75 trillion in its upcoming ‌initial public offering, in what could be the ‌biggest-ever stock market debut by a U.S. company on Wall Street.

The ​listing of Elon Musk-led SpaceX could easily dwarf many of the biggest U.S. IPOs on record, including those of Alibaba, Visa and Facebook, now Meta Platforms, which analysts ‌say reflects high growth ⁠expectations from the rocket and satellite company that it may struggle to meet.

The charts ⁠below compare SpaceX with high-profile market debuts of the past on valuation and fundamentals.

Some of these companies entered public ​markets ​with larger revenue bases and ​clearer profit profiles. Analysts ‌say SpaceX’s proposed valuation reflects in part how much investors are being asked to pay for future growth.

“All of these companies have had a compelling story for why rapid growth and big future profits might happen. ‌But when a company goes public ​at such a high valuation, ​lots of things ​have to go right,” said Jay Ritter, ‌a University of Florida professor ​who tracks U.S. ​IPOs.

“Revenue has to grow enormously, and costs have to grow more slowly. Most of the time, things ​don’t go ‌according to plan.”

(Reporting by Shashwat Chauhan in Bengaluru; Additional ​reporting by Johann M Cherian, editing by ​Colin Barr and Shinjini Ganguli)