SpaceX Elon Musk confidentially filed for an IPO that could be the largest in the history of the US stock market. The launch is expected in June, with a valuation of over $1.75 trillion - more expensive than Meta, Tesla and Bitcoin. It is planned to raise up to $75 billion, double the record of Saudi Aramco. Up to 30% of shares are expected to be provided to retail investors.
The deal was brokered by Bank of America, Goldman Sachs, JPMorgan, Morgan Stanley and Citigroup. The IPO was a logical step after the takeover of xAI AI startup.
SpaceX has 8,285 Bitcoin on its balance sheet (over $565 million).