SpaceX IPO: Elon Musk’s Company Set for Historic Nasdaq Listing Under ‘SPCX’ Ticker on June 12, Targets USD 1.75 Trillion Valuation
SpaceX has accelerated its blockbuster IPO timeline, targeting a Nasdaq listing on June 12 under ticker SPCX after a rapid SEC review. The historic offering aims to raise USD 75 billion at a USD 1.75 trillion valuation, utilizing fast-entry benchmark index rules under lead bookrunners including Morgan Stanley and Goldman Sachs.
Elon Musk’s rocket and satellite manufacturing venture, SpaceX, has significantly accelerated its initial public offering timeline, aiming to list its shares on the Nasdaq exchange as early as June 12. The highly anticipated market debut represents a major milestone for global equity markets and is poised to headline a crowded flotation calendar.
The company is preparing to make its regulatory prospectus public as early as next Wednesday. Following the filing, a formal investor roadshow is scheduled to launch on June 4, with the final share pricing targeted for June 11. This revised strategy pulls forward an operational schedule that was initially planned for late June. Can Elon Musk Be Fired From SpaceX? Billionaire Has Sole Power To Remove Himself as CEO or Chairman, Reveals IPO Filing.
SpaceX Nasdaq Listing Under SPCX Ticker
People familiar with the matter indicated that a faster-than-expected review of the company's registration paperwork by the US Securities and Exchange Commission allowed SpaceX to advance its flotation schedule. The rocket manufacturer plans to trade under the ticker symbol SPCX, a designation made available after Tuttle Capital Management altered its exchange-traded fund ticker in April.
Selecting the Nasdaq represents a notable corporate victory for the exchange operator over its traditional rival, the New York Stock Exchange. The decision aligns with SpaceX’s goal to secure early inclusion within the benchmark Nasdaq-100 index, capitalising on newly implemented fast-entry protocols designed to expedite large-cap listings.
Record Flotation Target Valuation Breakdown
SpaceX is expected to target a capital raise of approximately USD 75 billion at an overall company valuation of roughly USD 1.75 trillion. If successful, the transaction will stand as the largest stock market flotation in corporate history. The target reflects an increase from the USD 1.25 trillion valuation established when SpaceX merged with Musk's artificial intelligence venture, xAI, in February. SpaceX Eyes USD 60 Billion Cursor Deal Ahead of IPO, Elon Musk Pushes AI Expansion.
The marquee offering is being managed by a syndicate of premier Wall Street financial institutions. Morgan Stanley, Bank of America, Citigroup, JPMorgan, and Goldman Sachs are serving as the lead bookrunners for the transaction, supported by 16 additional banking partners across global retail and institutional channels.
(The above story first appeared on LatestLY on May 16, 2026 11:11 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
