SpaceX submitted its initial public offering filing to US regulators on Wednesday. The move positions the company for what could be the largest IPO ever, with a valuation exceeding $1.75 trillion.
SpaceX, the Texas-based space exploration firm founded by Elon Musk in 2002, filed plans with the US Securities and Exchange Commission to list shares on the Nasdaq under the symbol SPCX. The filing did not specify the amount to be raised but referenced an earlier draft seeking up to $75 billion, which would surpass the previous record set by Saudi Aramco.
