SpaceX is expected to go public in June, with a valuation possibly exceeding $1.75 trillion.

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Odaily Planet Daily News: Insiders say SpaceX has secretly filed for an IPO, bringing it one step closer to what could be the largest IPO ever. The insiders said SpaceX has submitted an IPO registration draft to the U.S. Securities and Exchange Commission (SEC), with a potential listing in June—becoming the first among the likely top three mega-IPOs, ahead of OpenAI and Anthropic. The insiders said SpaceX may seek a valuation of more than $1.75 trillion in the IPO. The company previously acquired Elon Musk’s AI startup xAI, and the valuation of the combined entity is expected to reach $1.25 trillion. Listing details, including the number of shares to be sold and the price range, are expected to be disclosed in subsequent filings. The fundraising size for this listing by SpaceX could be as high as $75 billion, far exceeding the current record holder Saudi Aramco’s $29 billion IPO in 2019. Insiders said banks including Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, and Morgan Stanley will serve as the lead underwriters for this IPO. (Jin10)

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