SpaceX, the rocket company founded by Elon Musk, is reportedly preparing to file paperwork for an initial public offering, according to multiple media reports citing unnamed sources familiar with the matter.

The Wall Street Journal reported that the company is aiming for a June 12 public debut in what could potentially be one of the largest IPOs on record. Bloomberg separately reported that SpaceX plans to file its public offering documents as soon as Wednesday.

SpaceX has not officially confirmed the IPO plans, and representatives for the company have not responded to requests for comment. The timing and details of any potential public offering remain subject to change based on market conditions and regulatory approval processes.

The rocket and satellite company, formally known as Space Exploration Technologies Corp., has grown significantly since its founding in 2002. SpaceX operates the Falcon 9 rocket system, the Dragon spacecraft for NASA missions, and the Starlink satellite internet constellation.

If the reports prove accurate, a SpaceX public offering would mark a significant milestone for the commercial space industry and provide public investors with access to one of the most prominent private space companies.