SpaceX is targeting filing confidentially for an initial public offering as soon as next month, people familiar with the matter told Bloomberg’s Bailey Lipschultz, Ryan Gould, Kiel Porter and Eric Johnson. Billionaire Elon Musk’s rocket and satellite company is moving forward with plans for the biggest-ever listing and expects to submit its draft IPO registration to the Securities and Exchange Commission in March, which would keep it on track for a June listing, the sources are reported to have said. SpaceX could seek a valuation in the IPO of more than $1.75 trillion, some of the sources are said to have added.
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