Looks like SpaceX might be gearing up for a monster IPO. Word on the street is they're eyeing a market debut sometime this year, and the valuation? North of $1 trillion. If this actually happens, we're talking about the largest initial public offering in history.

Elon apparently gave a nod to these reports, which adds some weight to the speculation. A trillion-dollar valuation would put SpaceX in rarified air—we're talking about a valuation that dwarfs most IPOs we've seen before. The timing makes sense too, given how SpaceX has dominated commercial space launches and Starlink's growing subscriber base.

Whether this materializes or not, the sheer scale of what's being discussed here is wild. Could reshape how we think about space industry valuations.