SpaceX Eyes Record $1.75 Trillion Valuation as E*Trade Nears Retail IPO Deal

SpaceX has reportedly filed confidential disclosures with the U.S. Securities and Exchange Commission (SEC), marking a formal regulatory step toward its highly anticipated initial public offering. The company continues to target a record-breaking valuation of $1.75 trillion, positioning it among the world's most valuable entities. This development comes as Morgan Stanley's E*Trade remains in advanced negotiations to manage the retail portion of the share sale. The strategic partnership aims to facilitate share distribution to small-scale investors, potentially offering a competitive edge over rivals like Robinhood. The timing of the IPO is also being viewed through the lens of Elon Musk's potential trajectory toward becoming the world's first trillionaire. Despite the Renaissance IPO ETF being down 27% from its high, the sheer scale of the SpaceX offering represents a significant market milestone.