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

SpaceX plans to go public on June 12 on 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 space exploration company (SpaceX) is actively preparing for its initial public offering (IPO), with the earliest listing date set for June 12 on the Nasdaq exchange, under the ticker “SPCX.” The expected valuation for this issuance surpasses $2 trillion, aiming 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 commitment to combining space technology with AI, further expanding revenue streams.

SpaceX Expected to List on 6/12 and Join the Nasdaq 100 Index

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 primary reason for choosing Nasdaq as the listing venue is the efficiency of inclusion in market indices. Through Nasdaq’s rapid 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

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 less than $1 billion in 2026, this acquisition demonstrates a strategic move to combine space infrastructure with AI technology, providing more growth opportunities and technological integration for future business expansion.

SpaceX Valuation Surpasses $2 Trillion

The IPO of SpaceX has garnered significant attention due to its large fundraising scale. Reports indicate that the company aims 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 participation by large financial institutions reflects ongoing market interest 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