SpaceX to go public as early as June 12! Valuation has already exceeded $2 trillion, competing to be included in the Nasdaq index

SpaceX is preparing to list on Nasdaq on June 12 under the stock ticker SPCX. The target valuation for this round exceeds $2 trillion, with an anticipated fundraising amount of up to $75 billion.

Elon Musk’s aerospace company, SpaceX (Space Exploration Technologies), is actively preparing for its initial public offering (IPO). The company’s earliest listing is expected to be on June 12 on the Nasdaq exchange, with the stock ticker set as “SPCX.” The offering targets an expected valuation of more than $2 trillion and seeks to raise up to $75 billion. To move this deal forward, SpaceX has appointed several major financial institutions as lead underwriters. In addition to its existing rocket and Starlink satellite business, the company has also added the artificial intelligence firm xAI through an acquisition. This move shows that it is working to integrate space technology and artificial intelligence, further expanding its revenue streams.

SpaceX is expected to list on 6/12 and aims to be added to the Nasdaq 100 Index

According to Bloomberg, SpaceX’s listing progress is in an acceleration phase. Based on available data, the company is expected to start its roadshow as early as June 4, set pricing on June 11, and list on June 12. One core consideration for choosing Nasdaq as the listing venue is the efficiency of inclusion in market indices. Through the exchange’s rapid inclusion mechanism, SpaceX is expected to be added to the Nasdaq-100 Index (Nasdaq-100 Index) shortly after listing. This decision not only improves stock liquidity, but also helps attract inflows from passive funds.

SpaceX’s core revenue sources and integration with the AI sector

In terms of operations, SpaceX’s primary revenue comes from rocket launches and the Starlink low-Earth-orbit satellite network. According to estimates from analysis firms, revenues from these two businesses could reach nearly $20 billion by 2026. In addition, in February, the company acquired the artificial intelligence firm xAI through an all-stock transaction. Although xAI’s revenue is projected to be below $1 billion in 2026, this acquisition demonstrates a strategic effort to combine space infrastructure with AI technology—providing more growth room and possibilities for technological integration for its future business expansion.

SpaceX’s market valuation has surpassed $2 trillion

SpaceX’s IPO has attracted significant attention due to its massive fundraising scale. Reports say the company is seeking to raise up to $75 billion, with a target valuation of more than $2 trillion. To support this offering, SpaceX assembled a team of major investment banks, including JPMorgan Chase, Morgan Stanley, Goldman Sachs, Citigroup, and Bank of America, all serving as lead underwriters. This indicates the level of participation by large financial institutions, and also reflects the market’s ongoing attention to the company’s long-term business development and financial structure.

• This article is reprinted with permission from: 《Chain News》
• Original title: 《SpaceX is expected to list on 6/12 and aims to be added to the Nasdaq 100 Index》
• Original author: Florence