SpaceX has scheduled testing-the-waters investor briefings in April, following the Easter holiday, as it prepares a confidential filing that could be submitted this month. The company aims for a June initial public offering that may raise as much as $75 billion, marking one of the largest debut attempts on record.

SpaceX is pursuing a valuation of more than $1.75 trillion in its upcoming IPO, which would place it among the top five companies by market value. The firm’s rocket launch program and Starlink satellite service are projected to generate nearly $20 billion in revenue for 2026, while its recently acquired xAI unit carries $17.5 billion of debt set to be repaid ahead of the listing.

Elon Musk has announced that the Terafab project, focused on in-house chip manufacturing for robotics, artificial intelligence and data centers in space, will be jointly run by Tesla and SpaceX. This collaboration underscores Tesla’s role in advancing Musk’s broader aerospace and AI ambitions.