SpaceX to release its IPO prospectus as early as next week, aiming to raise more than $70 billion

robot
Abstract generation in progress

ME News, May 15 (UTC+8): SpaceX plans to publicly release its IPO prospectus as early as next week. The company aims to launch a global roadshow on June 8 and formally introduce the offering to investors. The company secretly filed its IPO application earlier this year in April. This IPO is expected to become the largest in history.

In February this year, SpaceX completed a merger with Elon Musk’s artificial intelligence company, xAI. After the merger, the combined entity was valued at $1.25 trillion. Reports say the company is targeting a fundraising amount of roughly $70 billion to $75 billion—more than double the record set by Saudi Aramco in 2019. SpaceX’s IPO valuation expectation has risen from $1.75 trillion to $2 trillion.

According to regulations, the prospectus must be made public at least 15 natural days before the roadshow begins. However, SpaceX and its advisors hope to disclose it earlier so investors have more time to absorb the financial data. Because the scale of this stock sale would be unprecedented, SpaceX’s advisory team is seeking special sales channels—especially for retail investors outside the United States who are inclined to hold long term. This includes approaching brokers in countries such as the UK, Japan, and Canada to secure allocation shares for their clients.

Affected by this news, satellite and space concept stocks such as Redwire, AST SpaceMobile, and Rocket Lab surged on the 14th by 22.08%, 10.96%, and 6.77%, respectively. (Source: ChainCatcher)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 13
  • 2
  • Share
Comment
Add a comment
Add a comment
TheNemesisOfFomo
· 4h ago
Valuation of 2 trillion yuan, the success rate for new IPOs is probably going to hit a record low.
View OriginalReply0
AutumnTranquility
· 4h ago
From Tesla to SpaceX, Elon Musk's IPOs never lack topics.
View OriginalReply0
ColdWalletUnderTheNeonLights
· 6h ago
Overseas retail investors' allocation sounds good, but the actual threshold is probably not low.
View OriginalReply0
GateUser-ced0257a
· 6h ago
Trillions of dollars in listings, the Nasdaq index is about to become the SpaceX index.
View OriginalReply0
GaslightGuardian
· 7h ago
What is the logic behind Rocket Lab's upward movement? Does anyone understand?
View OriginalReply0
CheckTheBlockchainBefore
· 7h ago
Secret submission was done in April, the news was kept quite tight.
View OriginalReply0
GateUser-f49a50d4
· 7h ago
7 to 7.5 billion in funding, the valuation doesn't seem that high in comparison
View OriginalReply0
GlassDomeBaskingInMoonlight
· 7h ago
2 trillion valuation? Is Elon Musk planning to use Mars as collateral?
View OriginalReply0
RocksUnderTheAurora
· 7h ago
xAI's 1.25 trillion yuan suddenly doesn't feel as impressive anymore
View OriginalReply0
HypeVaccinated
· 7h ago
SpaceX is finally here, but can retail investors really buy it?
View OriginalReply0
View More
  • Pinned