SpaceX Plans June 12 IPO on Nasdaq, Aiming for Record $75 Billion Raise
SpaceX is set to debut on the Nasdaq on June 12, targeting a $75 billion capital raise at a valuation up to $1.75 trillion.
SpaceX, the aerospace company founded by Elon Musk, is accelerating its initial public offering (IPO) timeline, aiming to list on the Nasdaq under the ticker 'SPCX' on June 12. The company plans to price its shares on June 11, with a target valuation of up to $1.75 trillion and an anticipated capital raise of $75 billion, potentially setting a new record for IPOs.
The decision to expedite the IPO process follows a faster-than-expected review by the Securities and Exchange Commission (SEC). SpaceX confidentially filed for the listing in April and is expected to make its prospectus public as early as May 20, with a roadshow launch targeted for June 4.
In 2025, SpaceX reported a loss of nearly $5 billion on revenue exceeding $18.5 billion. The loss includes the acquisition of Musk's artificial intelligence startup, xAI, in February 2026.
The IPO is expected to attract significant investor interest, given SpaceX's role in the space economy and its ventures into satellite internet services through Starlink, as well as its recent foray into artificial intelligence with the acquisition of xAI.
Investors are advised to review the forthcoming registration statement for detailed financial information and to consider potential post-IPO volatility.
