
SpaceX filed paperwork today that opens its books to the public for the first time and sets the stage for what could become the largest stock offering in history. The documents lay out clear numbers on revenue, customers, and spending that anyone can follow, while pointing to a future built around satellite connections, computing in orbit, and human presence on another planet.

SpaceX filed a confidential IPO application with regulators earlier this week, bringing Elon Musk’s rocket company closer to a public stock listing than it has ever been. The filing details are sealed for now, but people familiar with the process expect a public debut as early as June. If everything goes to plan, the stock sale could raise tens of billions of dollars and value the company at around one trillion dollars.

On July 9, 2025, NVIDIA hit a historic milestone: a $4 trillion market cap, making it the most valuable publicly traded company ever, solidifying the company’s reign at the heart of the AI revolution. With its stock jumping 2.8% to $164.42, it rocketed past heavyweights like Microsoft and Apple, who are nipping at its heels just shy of $4 trillion.