SpaceX's Potential $1.75T IPO Sends Space Stocks Soaring

0:00It's March 26. You're listening to Global News today, AI-powered global coverage. Space stocks took off on Wednesday after reports that Elon Musk's SpaceX might file for a public listing this week. The buzz came from Tech News site, the information, predicting a debut this year at a whopping $1.75 trillion valuation, which could smash records as the largest ever. Firefly Aerospace in Rocket Lab led the charge with gains over 10 percent each, while the ripple hit other players hard. Intuitive machines climb nearly 15 percent, and firms like Planet Labs, Cytus Space, and AST Space Mobile all jump between 10 and 19 percent. Investors are clearly betting big on the sector's growth, sparked by SpaceX's dominance in rockets and launches. The potential share sale could pull in more than $75 billion, fueling even more excitement across the board. SpaceX got its start back in 2002, founded by Musk, who's also behind Tesla electric

1:02cars, the ex-social platform, and Nurelling Brain. Tech? No word yet from the company on these reports. As the space race heats up, keep an eye on whether SpaceX pulls the trigger on going public, which could reshape the industry for good.