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00:02SpaceX confidentially filed for an IPO with the Securities and Exchange Commission,
00:06moving closer to a potential public listing expected around June, according to CNBC.
00:11Reports indicate the company could seek a $1.75 trillion valuation and raise up to $75 billion.
00:17Founded in 2002 to build reusable rockets, SpaceX became NASA's largest launch partner
00:22after the space shuttle program ended in 2011. The company merged with XAI in February,
00:26with a combined valuation of $1.25 trillion.
00:30SpaceX has received $24.4 billion in federal contracts since 2008 and conducted 165 orbital flights in 2025.
00:38Market volatility tied to geopolitical tensions and oil prices could impact timing,
00:43though retail investor interest is expected.
00:45For all things money, visit Benzinga.com.
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