Elon Musk’s SpaceX has confidentially filed for an initial public offering, setting the stage for what could become the largest stock market listing on record, a person familiar with the matter told Reuters on Wednesday.

The filing is private, so details such as number of shares being offered and their price are unknown, for now.

Elon Musk’s space exploration company has filed preliminary paperwork to sell shares to the public, according to two sources familiar with the filing, a blockbuster offering that is likely to rank as the biggest ever and make its founder the world’s first trillionaire.

Elon Musk reacted to NASA’s stunning Milky Way image captured by the Artemis II crew after a historic lunar flyby. Resharing the post, Musk wrote, “One day, we will be out there,” as the mission marks a major step toward future human exploration of deep space.

The Texas-based company could go public with a valuation of more than $1.75 trillion, making it the largest IPO in history.

Here on Earth, the problem is glaring: AI is gobbling up electricity around the globe. Global data-center power consumption is expected to roughly double to nearly 1,000 terawatt-hours by the end of the decade, according to an estimate by the International Energy Agency.

"Problems are likely to be more ​severe in space than under the sea." Elon Musk wants to launch 1 million data-center satellites into space, but experts warn it won't work first appeared on The Cool Down.

We may be close to seeing the real financials for the largest company in private markets, and investors couldn't be more excited.

Elon Musk said Tuesday that being an outsider to both aerospace and auto manufacturing was precisely what allowed SpaceX and Tesla Inc. to do what established rivals had not. Musk Says Outsider Status Drove Breakthroughs In a post on X,