SpaceX has secretly filed an IPO registration with the SEC, aiming to raise about $75 billion. That would crush Saudi Aramco's 2019 record of $29 billion.

The company expects a valuation of $1.75 trillion. The listing could happen by June 2026.

Top banks like JPMorgan, Goldman Sachs, and Morgan Stanley are reportedly managing the offering. SpaceX may set aside 30% of shares for individual investors, a rare move.

Funds will finance Starship launches, Starlink expansion, and a lunar base for NASA's Artemis program.