The aerospace company, valued at more than $1 trillion, could break the record for the largest public offering in history, according to reports.

The company’s public stock debut is set to be one of the most valuable in history, and could make Musk the world's first trillionaire.

SpaceX has filed for its initial public offering as it moves closer to offering public shares, according to multiple media reports Wednesday.

The filing is private, so details such as number of shares being offered and their price are unknown, for now.

SpaceX, Elon Musk’s rocket company that merged earlier this year with artificial intelligence company xAI, confidentially filed plans for an initial public offering Wednesday in what might be the largest of all time,

Elon Musk's SpaceX has moved closer to going public with its confidential filing, Bloomberg News reported on Wednesday, as the billionaire's rocket-and-satellite company looks to ​beat OpenAI and Anthropic to the new listings market.

The SpaceX IPO could gain entry into the Nasdaq-100 index in record time. That addition could result in altering the complexion of some popular ETFs. It could also set a precedent for other ballyhooed IPOs in the future.

Key Takeaways Elon Musk's SpaceX has submitted draft IPO paperwork to the Securities and Exchange Commission, Bloomberg and other media outlets reported Wednesday.SpaceX, which combined with Musk's xAI earlier this year,