Elon Musk’s SpaceX has confidentially filed for a U.S. initial public offering, potentially as early as June. The move sets the stage for what could become the largest stock market listing on record.
The company, a dominant force in space travel, satellite communications, and AI development, could seek a valuation upwards of $1.75 trillion. This would surpass Saudi Aramco’s 2019 debut as the largest IPO in history.
Regulators are currently reviewing the company’s financial disclosures. SpaceX is aiming to raise between $40 billion and $80 billion in the offering, marking a potential generational wealth event.
The IPO could be a significant win for the global market, with SpaceX looking to beat other companies like OpenAI and Anthropic to new listings.