Elon Musk's SpaceX plans to secretly file for an IPO in March, with a valuation potentially reaching $1.75 trillion, possibly the largest IPO in history.

On February 28, it was reported that Elon Musk’s SpaceX plans to secretly file an IPO registration with the U.S. Securities and Exchange Commission as early as March, aiming to complete the listing process by June. If successful, the company’s valuation could approach $1.75 trillion, potentially setting a new record for the “largest IPO in the world.”

Sources indicate that this IPO aims to raise approximately $50 billion, surpassing Saudi Aramco’s 2019 record of $29 billion. Previously, SpaceX’s valuation in the private market was below $1 trillion. After acquiring xAI in February, its valuation approached $1.25 trillion, with market expectations rising to $1.5 trillion, and the latest forecasts now pointing to $1.75 trillion.

If the valuation is realized, SpaceX’s market cap will be close to that of tech giants like NVIDIA, Apple, Microsoft, Alphabet, and Amazon, potentially surpassing Meta and Tesla.

The company has invited Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley to serve as advisors. The funds raised will be used to increase Starship launch frequency, expand the Starlink network, and explore orbital AI data centers and lunar base construction.

With its advantage in Falcon 9 orbital launches and the global user base of Starlink, SpaceX continues to attract significant investor attention. Topics such as “SpaceX IPO timetable” and “Is a $1.75 trillion valuation for SpaceX reasonable?” have become focal points in the investment community.