Elon Musk's SpaceX is preparing to file its initial public offering prospectus with U.S. regulators as soon as this week or next, according to a report Tuesday, setting the stage for what could become the largest IPO in history with a potential raise exceeding $75 billion and a valuation topping $1.75 trillion.

The Starbase, Texas-based rocket and satellite company has been moving deliberately toward a public listing since late 2025, when Musk confirmed plans for a 2026 debut. A filing in late March would keep SpaceX on track for a possible June launch on a major U.S. exchange, positioning it as the centerpiece of what analysts describe as a blockbuster year for mega-IPOs alongside potential debuts from artificial intelligence leaders.