Answer
$\left( x+\dfrac{1}{x} \right)\left( x-\dfrac{1}{x} \right)$
Work Step by Step
Using $x^2-y^2=(x+y)(x-y)$ or the factoring of the difference of 2 squares, then the factored form of the given expression, $
x^2-\left( \dfrac{1}{x} \right)^2
,$ is
\begin{array}{l}
\left( x+\dfrac{1}{x} \right)\left( x-\dfrac{1}{x} \right)
\end{array}