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According to multiple media reports from May 16 to 17, 2026, Elon Musk's space exploration company SpaceX has accelerated its IPO process, planning to list on the Nasdaq on June 12, 2026, with the stock ticker "SPCX." The IPO is expected to raise between $75 billion and $80 billion, with a company valuation of approximately $1.75 trillion. If successful, it will surpass Saudi Aramco to become the largest IPO in history.
To lower investment barriers, SpaceX has implemented a "1-for-5" stock split, which took effect on May 4, adjusting the stock price to approximately $105.32 per share. Musk himself explicitly stated on May 16 on the social platform X that he will not sell any SpaceX shares to stabilize market confidence.