SpaceX files securities documents to go public - source

The filing puts SpaceX on track to list on a public exchange by July, according to the Wall Street Journal, which cited people familiar with the matter.

SpaceX did not immediately respond to a request for comment. Officials at the Securities and Exchange Commission declined comment.

US media have reported that the IPO could be valued at a whopping US$75 billion or more for a venture with stratospheric ambitions.

The IPO looks set to blow past the biggest public offering on record from 2019, when the oil group Saudi Aramco raised US$25.6 billion ($44.3b)