April 1 (Reuters) - Elon Musk's SpaceX has confidentially filed for its hotly anticipated U.S. initial public offering, a person familiar with the matter told Reuters on Wednesday, taking space exploration from a speculative venture to a mainstream investment theme.

SpaceX is preparing what is expected to be the largest IPO in history as NASA sends up the first Americans to the moon since the last Apollo flight in 1972.

The Texas-based company could go public with a valuation of more than $1.75 trillion, making it the largest IPO in history.

April 3 () - SpaceX CEO Elon Musk said on Friday that the company's next ‌Starship test flight will take place in ‌May and not April as originally scheduled. Musk posted on ​social media platform X

The private aerospace company was formerly headquartered in Hawthorne, but still has a significant presence in the city after its headquarters were moved to Texas.

With Musk's aerospace company SpaceX officially purchasing Musk's AI company xAI for $1.25 trillion, the markets are bracing for an impending SpaceX IPO, which is expected to value the company at $1.75 trillion,

Amid SpaceX’s incoming IPO, a former Tesla president spoke to The Prof G Pod about why he thinks there is a “higher than 50% chance” that Musk would merge Tesla with SpaceX (5). Jon McNeill, CEO of DVx Ventures, told the podcast that Musk’s organizing principle is “simplicity.”

Founded with the audacious goal of making humanity multi-planetary, Elon Musk's SpaceX has become one of the most anticipated initial public offerings (IPOs) in history. The company is reportedly targeting a valuation as high as $1.75 trillion -- a capital raise that could eclipse Saudi Arabian Oil's record $1.7 trillion debut in 2019.

SpaceX’s proposed IPO valuation continues to head into the stratosphere.