SpaceX plans to file for IPO in March, expecting a $1.75 trillion valuation - Bloomberg

Elon Musk's rocket and satellite company SpaceX plans to confidentially file for an IPO with the Securities and Exchange Commission as early as March, sources told Bloomberg, with some saying the company could expect a valuation of more than $1.75 trillion.

If the documents are filed in March, it would allow for a June listing, the agency points out. Earlier, the Financial Times wrote that the company is considering a mid-June listing because Musk wants to time it to coincide with a rare planetary convergence known as a planetary parade and his own birthday.

In this case, SpaceX will go public first of the possible three mega-IPOs of this year, ahead of OpenAI and Anthropic, notes Bloomberg. At the same time, its interlocutors specify that discussions are still underway, details may change, and SpaceX may postpone the filing of documents.

A SpaceX spokesperson could not immediately respond to the agency's request for comment.

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