(Reuters) SpaceX has filed for an initial public offering (IPO), targeting a record-setting valuation of up to $1.75 trillion. This potential valuation would make it the first U.S. market debut to exceed a trillion dollars and could position its founder as the world's first trillionaire. The company, the globe's largest space enterprise, generates most of its revenue from its Starlink satellite internet service and is pursuing ambitious AI-related ventures. The IPO coincides with a critical test flight for SpaceX's Starship rocket, which is essential for its lunar, Mars, and Starlink expansion plans. SpaceX plans to list on Nasdaq under 'SPCX' as early as June 12, with a significant portion of shares intended for retail investors. In full SpaceX has officially filed to go public, a move expected to make Elon Musk a trillionaire