Elon Musk's SpaceX looking to raise $75 bn in June IPO, to file papers as early as this week: Report

SpaceX is reportedly preparing to file for an initial public offering in June, aiming to raise an estimated $75 billion. This move, which follows a recent valuation of $1.25 trillion after merging with xAI, could significantly surpass previous record-breaking IPOs. The company's public debut is expected to bring increased transparency and pressure for profitability.