SpaceX, Elon Musk’s rocket company that merged earlier this year with artificial intelligence company xAI, confidentially filed plans for an initial public offering Wednesday in what might be the largest of all time,

Elon Musk's SpaceX has moved closer to going public with its confidential filing, Bloomberg News reported on Wednesday, as the billionaire's rocket-and-satellite company looks to ​beat OpenAI and Anthropic to the new listings market.

SpaceX has filed confidentially for an initial public offering, per multiple reports, with expectations that Elon Musk's company will go public this summer. Why it matters: This could be the largest IPO ever,

CNBC’s MacKenzie Sigalos on reports that SpaceX has filed confidentially for an IPO, setting up what could be the biggest listing in history and the first in a wave of blockbuster AI-era debuts.

Elon Musk's xAI and SpaceX merged in February, valuing the company at over $1.25 trillion. SpaceX is now preparing for an initial public offering (IPO). SpaceX IPO SpaceX reportedly plans to raise $75 billion from its IPO,