SpaceX plans an IPO on Nasdaq for June 12, accelerating its entry into the public markets

SpaceX is preparing for an IPO on Nasdaq

* Debut date: June 12

* Exchange: technology platform Nasdaq (token – SPCX)

* Planned share issuance: about $75 billion at a valuation of ~$1.75 trillion

Key steps to the public offering
Stage Date What happens
May 20 Publication of IPO prospectus (Reuters data)
June 4 Start of negotiations with major investors
June 11 First share sale
June 12 Shares become available on the exchange

Initially, the placement was planned for June 28 – Elon Musk’s birthday. However, the company accelerated the schedule and chose an earlier date.

Why Nasdaq?
* Victory over NYSE: SpaceX listing will be a significant achievement for Nasdaq, especially after implementing “fast‑track” rules that allow quicker inclusion of large companies in the Nasdaq‑100 index.

* Attracting investment: The IPO is expected to become the largest share placement in U.S. market history.

Financial details
Metric Value
Company valuation ~$1.75 trillion (from 2024)
Capital raise goal $75 billion
Previous valuation after merging with xAI $1.25 trillion

Underwriters: Morgan Stanley, Bank of America, Citigroup, JPMorgan and Goldman Sachs plus another 16 banks covering institutional, retail and international channels.

Share split
* Ratio: 5 to 1

* New price per share (post‑split): ~$105.32 (from $526.59)

* Effective period: May 18–22

SpaceX is using a similar strategy to Tesla’s in 2020 and 2022.

What next?
SpaceX’s market debut will be a key event in this year’s crowded IPO calendar. Simultaneously, companies such as Anthropic and OpenAI may also go public. The IPO market is only recovering from U.S. tariffs and geopolitical instability, so SpaceX’s listing could have a noticeable impact on market dynamics in the coming weeks.