SpaceX, the Elon Musk-owned rocket company that merged earlier this year with his artificial intelligence company xAI, confidentially filed plans for an initial public offering Wednesday in what might be the largest of all time, according to multiple reports.
The filing was reported by Bloomberg, the Wall Street Journal and Reuters, citing unnamed sources familiar with the matter. SpaceX did not immediately respond to a request for comment. The SEC said it had no comment on the matter.
The filing will lead to a sale of shares by June or July, according to the published reports. Confidential filings are used by companies to share information