SpaceX, the rocket and satellite operator founded and owned by Elon Musk, is on track for what could be the biggest initial public offering ever later this year.
In February the company acquired xAI, another of Musk's firms, in an all-stock transaction that valued SpaceX at $1tn (€842bn) and xAI at $250bn (€210bn), creating an entity with a $1.25tn (€1.05tn) valuation.
