India, April 1 -- SpaceX, the rocketmaker and satellite operator controlled by billionaire Elon Musk, has confidentially filed for an initial public offering, which could pave the way for the biggest stock market listing in history.

The Starbase, Texas-based company is targeting a valuation of more than $1.75 trillion, Bloomberg News reported on Wednesday (1 April 2026), citing people aware of the matter. That would signal that space exploration has moved from speculative venture to mainstream investment.

The filing for a SpaceX IPO follows a merger of SpaceX and Musk's AI startup xAI. That deal valued the rocket business at $1 trillion and the developer of the Grok chatbot at $250 billion. Last year, the world's richest person merged X...