Shares of space companies soared in US trade on Wednesday following a
The technology news outlet The Information reported that the firm could file for the initial public (IPO) within days.The BBC has contacted SpaceX for comment.SpaceX, which makes and launches rockets, could reportedly raise more than $75bn from the share sale. That would make it the biggest stock market debut in history.Other space industry firms also saw their stock prices surge on Wednesday, including Intuitive Machines - which rose by nearly 15%, while shares of Earth-imaging company Planet Labs jumped by more than 10%.Satellite maker Sidus Space gained nearly 19% and shares of AST SpaceMobile rose
paceX has in recent years become an aerospace powerhouse, securing billions of dollars in US government contracts and
The firm has other companies in its stable like xAI, which owns social media platform X and artificial intelligence (AI) firm Grok.
SpaceX also owns satellite
The SpaceX share sale could make Musk the world's first trillionaire.
He currently has a fortune of more than $820bn, according to Forbes, which tracks the wealth of the world's richest people.
In 2025, Musk became the first person ever to achieve a net worth of more than $500bn.
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