SpaceX files to take company public, aims to bring in massive public offering: Reports

Elon Musk's SpaceX reportedly filed confidentially Wednesday for an initial public offering in a move that Musk hopes will bring in from $50 billion to $75 billion, according to multiple news reports.

The company submitted its draft IPO registration to the US Securities and Exchange Commission, according to Bloomberg, and SpaceX is looking for a public listing in June. It comes as OpenAI and Anthropic consider similar moves.

The filing claims SpaceX is hoping to raise the company's value by up to $75 billion with the public offering, which would make it the record holder for the largest public offering debut. Saudi Aramco’s 2019 debut currently holds the record at $29 billion, according to the New York Times.

Sources told Bloomberg that SpaceX is telling prospective IPO investors to expect briefings from company executives in April, and potential IPO investors include Bank of America, Citigroup, Goldman Sachs and JPMorgan among others.

The company is also reportedly considering a dual-class share structure that could give insiders extra voting power, according to the outlet.

Musk and SpaceX have not commented on the reports.

Misty Severi is a news reporter for Just The News. You can follow her on X for more coverage.