SpaceX reportedly preparing to file for an initial public offering

SpaceX is reportedly aiming to file for an initial public offering (IPO) as soon as this week, according to multiple news reports. The filing would be the first step toward selling shares to the public on a stock exchange.

Reports suggest the company, founded by Elon Musk, is considering a massive valuation, with figures around $1.75 trillion being discussed. One report also says the IPO plan includes setting aside a large portion of shares for retail investors, which is an unusual move for a company of this size.