tech
SpaceX Confidentially Files to Go Public at $1.75tn, Reports Say
Elon Musk’s rocket company could go public as early as June, Bloomberg reports

TL;DR
- SpaceX has confidentially filed for an Initial Public Offering (IPO) on the US stock market.
- The company is reportedly seeking a valuation upwards of $1.75 trillion.
- The IPO could potentially take place as early as June.
- SpaceX is a dominant force in space travel and satellite communications through its Starlink subsidiary.
- The company recently acquired Elon Musk's AI firm, xAI, with plans for space-based datacenters.
- SpaceX is working with international banks, including Barclays, to coordinate the IPO.
- Details about SpaceX's finances will be revealed closer to the IPO after regulatory review.