SpaceX to go public as early as 6/12! Valuation has already exceeded 2 trillion dollars, competing to be included in the Nasdaq index

SpaceX plans to go public on June 12 on the Nasdaq, with the stock ticker SPCX. The target valuation for this offering exceeds $2 trillion, with a fundraising goal of up to $75 billion.

Elon Musk's aerospace company SpaceX is actively preparing for its initial public offering (IPO), which is expected to list on the Nasdaq exchange on June 12 under the ticker "SPCX." The anticipated valuation exceeds $2 trillion, and the company aims to raise as much as $75 billion. To facilitate this, SpaceX has appointed several major financial institutions as lead underwriters. In addition to its existing rocket and Starlink businesses, the company has also acquired AI firm xAI, integrating artificial intelligence into its portfolio. This move demonstrates its efforts to combine space technology with AI, further expanding revenue streams.

SpaceX Expected to List on 6/12 and Join the Nasdaq 100 Index
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According to Bloomberg, SpaceX's IPO process is accelerating. Data indicates that the company plans to start its roadshow as early as June 4, set the price on June 11, and list on June 12. The key reason for choosing Nasdaq as the listing venue is the efficiency of inclusion in market indices. Through Nasdaq’s quick inclusion mechanism, SpaceX is expected to be added to the Nasdaq-100 Index shortly after listing. This decision not only enhances stock liquidity but also helps attract passive fund investments.

SpaceX’s Core Revenue and AI Integration
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Operationally, SpaceX’s main revenue sources are rocket launches and the Starlink satellite network in low Earth orbit. Analysts estimate that these two businesses could generate nearly $20 billion in revenue by 2026. Additionally, in February, the company acquired AI firm xAI through a full stock transaction. Although xAI’s revenue is expected to be below $1 billion in 2026, this acquisition demonstrates a strategic move to combine space infrastructure with AI technology, offering more growth potential and technological integration opportunities for future business expansion.

SpaceX Valuation Surpasses $2 Trillion
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The IPO of SpaceX has attracted significant attention due to its large fundraising scale. Reports indicate that the company seeks to raise up to $75 billion, with a valuation exceeding $2 trillion. To support this offering, SpaceX has 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 involvement of large financial institutions reflects market confidence in the company’s long-term business development and financial structure.

* This article is reprinted with permission from: "Chain News"
* Original title: "SpaceX Expected to List on 6/12 and Join the Nasdaq 100 Index"
* Original author: Florence