According to informed sources, SpaceX is considering a confidential submission of IPO documents as early as March. The rocket and satellite company, founded by billionaire Elon Musk, is advancing what could be the largest listing plan in history.
Sources indicated that the Texas-based company is expected to file a draft registration statement for its IPO with the U.S. Securities and Exchange Commission in March. This move would position it for a potential market debut in June, possibly making it the first among three potential mega-listings, with OpenAI and Anthropic PBC potentially following.
The sources noted that deliberations are still ongoing, details may change, and SpaceX could still delay the filing.
People familiar with the matter, who asked not to be identified because the information is private, said SpaceX may seek a valuation exceeding $1.75 trillion in the IPO. Previous reports indicated that SpaceX acquired Musk's artificial intelligence startup xAI in February, with the combined entity valued at $1.25 trillion.
Under the confidential submission process, a company can receive feedback from regulators and make revisions before the information becomes public.
A SpaceX spokesperson did not immediately respond to a request for comment.
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