Overview
- Reports say SpaceX could confidentially file with the SEC soon and is eyeing a June market debut.
- Executives plan April “test‑the‑waters” sessions to explain the business, support the valuation case, and gauge demand.
- Coverage pegs a potential raise near $75 billion at about a $1.75 trillion valuation, which would top Saudi Aramco’s 2019 record.
- Advisers are discussing giving up to 30% of shares to retail investors, with Bank of America, Morgan Stanley’s E*Trade, UBS and Citi assigned defined retail distribution roles.
- SpaceX has absorbed Elon Musk’s xAI, a small revenue contributor with significant debt that sources say will be addressed in offering documents.