Elon Musk’s SpaceX submits draft IPO filing ahead of AI rivals Anthropic, OpenAI, says report — Here’s what we know

Billionaire Elon Musk’s rocket company SpaceX, which is also parent to his artificial intelligence startup xAI, has confidentially submitted draft initial public offering (IPO) filings, Bloomberg reported on Wednesday, citing sources. If it goes through, this will become the biggest-ever listing, beating Saudi Aramco’s debut in 2019.

SpaceX has filed its registration to the United States Securities and Exchange Commission (US SEC), sources told the publication.