SpaceX Files Confidentially for IPO

SpaceX has reportedly filed confidentially for an initial public offering, a move that could lead to the largest listing in history. The rocket and satellite company, which also has significant AI interests, submitted its draft registration to the SEC. While a valuation has not been confirmed, sources suggest it could exceed $1.75 trillion. This potential IPO follows SpaceX's acquisition of Elon Musk's AI startup xAI, which valued the combined entity at $1.25 trillion. The filing indicates a significant step towards public trading for the ambitious aerospace firm.