• SpaceX filed for its long-awaited IPO on Wednesday.
• The company disclosed a net loss of $4.9 billion on $18.7 billion in revenue last year.
• SpaceX is expected to conduct the biggest IPO ever, targeting a valuation of roughly $1.75 trillion.
• Elon Musk will maintain majority control of SpaceX through dual-class stock.

This IPO filing may indicate a significant shift in SpaceX's financial strategy, as it seeks to raise capital and expand its operations. The company's focus on Starlink revenue and xAI integration suggests a strong emphasis on emerging technologies, which could have major implications for the aerospace industry. The valuation target of $1.75 trillion may also set a new benchmark for tech companies, potentially influencing the broader market.