Elon Musk's aerospace company, SpaceX, has confirmed its intention to undertake the largest initial public offering (IPO) in history, aiming to raise $75 billion with a total valuation of $1.765 trillion, potentially as early as June 12. This operation, which will offer over 555 million shares at $135 each, would shatter Saudi Aramco's 2019 record of $25.6 billion and place SpaceX among Wall Street giants, surpassing Tesla's current valuation. The company, which oversees various sectors including Starlink and xAI, is experiencing such enthusiasm that it anticipates a market capitalization nearly one hundred times its revenue, despite a projected deficit for 2025. Elon Musk will retain control with over 80% of voting rights, although the company has warned investors of potential risks, including high debt and Musk's decision-making power. SpaceX's IPO is seen as a major test for the markets, with other AI giants like Anthropic and OpenAI potentially following in SpaceX's footsteps.