03:58 AM EDT, 03/25/2026 (MT Newswires) -- Tesla-Owner (TSLA) Elon Musk's SpaceX intends to submit its initial public offering prospectus to regulators as early as this week for a potential June market debut, The Information reported Tuesday, citing an unnamed person with direct knowledge of the plans.

Advisors anticipate the offering could seek over $75 billion, higher than previous $50 billion estimates for the $1.25 trillion aerospace company, the news outlet reported.

Musk wants to allocate more than 20% of the available stock to retail buyers, while representatives create a customized lockup agreement to prevent massive equity selloffs from early backers, The Information reported.

The pitch to investors will highlight the stable launch operations, the expanding Starlink satellite internet network, along with orbital data center prospects, while excluding the X social platform, the media outlet reported.

SpaceX did not immediately respond to MT Newswires' request for comment.

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