Flurry of US IPOs Race to Tap Market Ahead of SpaceX Debut

The US IPO market has gone from desolate to bustling in a matter of weeks, with companies looking to raise as much as $17.3 billion this month alone and capitalize on stocks’ resilience.

Debuts in the coming weeks are set to raise billions of dollars as companies look to go public before what’s expected to be the market’s biggest event of the year: SpaceX’s record-breaking initial public offering, which Elon Musk’s firm is planning for June.

“If I’m any company and I want to have a chance of attracting investors that invest in IPOs, I’d probably rather do ...