SpaceX is reportedly gearing up for an initial public offering. The Wall Street Journal and Bloomberg say the Texas-based company turned in a draft IPO filing to the SEC and would be on track to be listed in June.
Bloomberg said SpaceX wants to raise as much as 75-billion-dollars and may seek a valuation of one-point-75-trillion-dollars.
The filing allows the aerospace company to get private feedback from regulators and temporarily protects it from public scrutiny.