Elon Musk’s SpaceX has filed a secret application with the U.S. Securities and Exchange Commission for an initial public offering (IPO), Bloomberg reported on April 1, citing sources.
It is expected existing Promotions will be held in June. The number of shares to be sold and the price range will be revealed in a later filing.
SpaceX could seek a valuation of more than $1.75 trillion in its initial public offering, one of the people said.
The IPO could raise up to $75 billion. The stock offering will therefore be the largest in history – the previous record was set in 2019 by Saudi Aramco, which raised $29 billion when it went public.
A SpaceX representative did not comment on the Bloomberg report.
SpaceX is an American aerospace company that produces space technology and provides Starlink satellite communications. In February 2026, the company absorbed Elon Musk’s artificial intelligence startup xAI (which also includes the social network X). The cost of the joint structure was estimated at $1.25 trillion.
