A valuation above $1.75 trillion would rank SpaceX among the largest public companies in the US, above several major tech names at current market values.
Elon Musk’s SpaceX has reportedly filed confidentially for an initial public offering, a move that could lead to one of the largest listings in US market history.
SpaceX submitted its IPO confidentially to the US Securities and Exchange Commission, according to a report from Bloomberg on Wednesday, citing people familiar with the matter. The IPO could be finalized as early as June, the sources said.
SpaceX could seek a valuation exceeding $1.75 trillion in the IPO, sources told Bloomberg in February. A valuation of that size would make the aerospace company more valuable than Meta (META), Tesla (TSLA) and Bitcoin (BTC).
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