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The Economic Times
The Economic Times
Business

Bound for Mars, Elon Musk's SpaceX unveils filing for blockbuster IPO

SpaceX took the wraps off its IPO filing on Wednesday, opening the books of the company that has already revolutionized rocket technology, with even larger ambitions to colonize Mars and build AI data centers in space.

The listing is poised to become the first trillion-dollar U.S. market debut and could set the stage for a number of monumental IPOs in coming months, among them potentially technology giants OpenAI and Anthropic. The sale would immediately cement SpaceX as one of the world's most valuable publicly traded companies, the second in Elon Musk's sprawling business empire to surpass $1 trillion in market value.

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