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SpaceX (Unlisted (US):SPACEX), billionaire entrepreneur Elon Musk’s space exploration company, has reportedly submitted a confidential filing for an initial public offering (IPO), according to a Bloomberg News report.

The filing, which could take place as soon as March 2026, would allow the company to share draft registration materials with regulators privately before making them public.

Confidential filings are commonly used to give companies the opportunity to address regulatory feedback while keeping financial details out of the public eye during the early stages of the offering. This approach can help reduce market scrutiny before an official IPO launch.

If the reported plan moves forward, SpaceX’s IPO could become one of the largest in history. Bloomberg sources indicate the company may aim for a June 2026 listing with a valuation above $1.75 trillion.

Earlier reporting from Bloomberg has suggested the offering could raise up to $75 billion, though these details are not yet confirmed.

SpaceX has not publicly confirmed the filing. The final size of the offering, valuation, and timing may still change, and the company could alter its plans in the weeks ahead.

Bloomberg also reported that SpaceX is considering a dual-class share structure, which could grant additional voting power to insiders, including Musk.