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SpaceX Sets Mid-June Nasdaq Debut as IPO Timetable Accelerates

The prospectus is expected this week, signaling a roughly $75 billion raise at up to a $2 trillion valuation with supervoting shares cementing Elon Musk’s control.

Most people think SpaceX’s $1.75 trillion valuation is about rockets, but the real engine driving the largest IPO in history is Starlink — the satellite internet network that didn’t exist a decade ago and now has more subscribers than the entire population of Sweden
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Hype pops 7%, beating bitcoin declines, as spacex pre ipo lands on hyperliquid
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Overview

  • SpaceX, which multiple outlets reported Monday will make its SEC filing public this week, is targeting roadshows on June 4, pricing on June 11, and a June 12 Nasdaq listing under the ticker SPCX.
  • The company told investors it is executing a 5-for-1 stock split that resets the private fair value to about $105 per share, with processing expected to finish by May 22.
  • Financial Times and others report the offering seeks about $75 billion, implying a valuation range near $1.75 trillion to $2 trillion for what would be the largest IPO on record.
  • Governance disclosures indicate Musk will hold enhanced voting power through Class B supervoting shares alongside a performance-based award of up to 260 million shares.
  • Analysts expect heavy demand and warn of early turbulence, citing Nasdaq’s new fast-entry rule that can push index funds to buy within weeks and a small public float that can magnify price swings.