Top stories today:

1. SpaceX said to file confidentially for IPO, eyes Jun. listing
2. NASA’s Artemis II launches, astronauts reach orbit for moon mission
3. Amazon explores $9B Globalstar deal to expand LEO satellite business
4. Anthropic developing always-on agent “Conway” with integrations
5. Z.ai debuts GLM-5V-Turbo vision coding model to rival Opus 4.6
6. Paradigm building prediction markets terminal for professional traders

0. Data and calendar

Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):

1. SpaceX said to file confidentially for IPO, eyes Jun. listing at $1.75T+ valuation, ~$75B raise

• SpaceX has reportedly submitted its draft IPO registration to the SEC.

• The company is considering a dual-class share structure, potentially giving insiders extra voting power.

• BofA, Citigroup, Goldman Sachs, JPMorgan, and Morgan Stanley are lined up for senior roles on the IPO.

• SpaceX is also working with international banks to take IPO orders in specific regions.

• Small investors could get as much as 30% of the offering.

• Feb.: SpaceX acquired xAI in a deal valuing the combined entity at $1.25T.

3. NASA’s Artemis II launches, astronauts reach orbit for historic moon mission

• 6:35 p.m. ET: the Orion capsule atop Boeing’s SLS rocket lifted off from Kennedy Space Center in Florida.

• Apr. 6: the crew will perform a lunar flyby.

• The 10-day mission will take the crew closer to the moon than anyone in 50+ years.

5. Amazon said to explore $9B Globalstar deal to expand LEO satellite business, rival Starlink