SpaceX could file for an initial public offering within days, according to a report. The space company is expected to go public this year with a valuation of around $1.75 trillion.

SpaceX could raise more than $75 billion from the share sale. The share sale would be the largest stock market debut in history.

Space company stocks rose following the report on Wednesday. Sidus Space stock price rose by nearly 19%, while Intuitive Machines stock price rose by nearly 15%. AST SpaceMobile stock price rose by 10%. Firefly Aerospace stock price rose by more than 10%. Rocket Lab stock price rose by more than 10%. Planet Labs share price rose by more than 10%.

The share sale could make Elon Musk the first person to have a net worth of one trillion dollars. Musk has a fortune of more than $820 billion. In 2025, Musk became the first person ever to achieve a net worth of more than $500 billion.

SpaceX was founded in 2002 by Elon Musk. The company has secured billions of dollars in U.S. government contracts and space projects in recent years. SpaceX owns the satellite firm Starlink, which provides internet services around the world. Elon Musk runs several other companies including Tesla, the social media platform X and Neuralink.