SpaceX Plans Confidential IPO Filing Valued Over $1.75 Trillion, Possible Launch in March

SpaceX is reportedly planning a confidential initial public offering (IPO) that could value the company at over $1.75 trillion, with a filing potentially as early as March and an IPO likely in June. The company, led by Elon Musk, aims to test launch an upgraded Starship rocket in March after addressing engineering challenges. SpaceX's revenue, primarily from its Starlink satellite internet service, was between $15 billion and $16 billion last year, generating about $8 billion in profit. The IPO would be among the largest in history, amid a strong year for tech listings.