Reuters reported that Elon Musk's rocket and satellite maker SpaceX is aiming to list its shares early in the month of June and has chosen the Nasdaq as the trading venue for its IPO. The company's IPO would take place at a critical moment for the IPO market, which has recovered after struggling amid increased volatility caused by U.S. tariff policy and geopolitical uncertainty. SpaceX is expected to target a raise of about $75 billion at a valuation of roughly $1.75 trillion, which would make its IPO the largest stock market flotation of all time.
The SpaceX building, as the company prepares to file for an initial public offering (IPO), in Hawthorne California, U.S., April 23, 2026. On May 15, 2021, Reuters reported SpaceX's intention to list its shares as early as June 12 on the Nasdaq , the trading venue for its IPO.
The listing, one of the most anticipated in years, would take place at a pivotal moment for the IPO market, which rebounded after struggling over the past couple of years due to U.S. tariff policy and geopolitical uncertainty. The new plan to IPO during the second week of June represents a quicker-than-expected timeline for SpaceX's offering, moving forward a process that had initially been targeted for late June.
SpaceX is likely to target a raise of about $75 billion at a valuation of roughly $1.75 trillion, which would make it the biggest stock market flotation of all time
Spacex Initial Public Offering (IPO) Nasdaq Rylicai.Ai Artificial Intelligence Xai Morgan Stanley Bank Of America Citigroup Jpmorgan Goldman Sachs Largest Stock Market Flotation Of All Time IPO Market IPO Market IPO Market
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chip IPO highlights Malaysia deals surging toward 13-year highThe upcoming show promises an evening filled with nostalgia and passion as Jen takes the stage with some of his greatest hits.
Read more »
Elon Musk's court battle against OpenAI enters homestretchKUALA LUMPUR: MetMalaysia has issued a thunderstorm and heavy rain warning for eight states until 1.00am early Friday (May 15).
Read more »
SpaceX Aiming for Nasdaq Listing in June, with $1.75 Trillion ValuationSpaceX, the aerospace company founded by Elon Musk, is planning to file its initial public offering (IPO) application with the US Securities and Exchange Commission next week. The company aims to raise up to $80 billion and has a target listing on the Nasdaq electronic stock exchange in June, with a valuation of approximately $1.75 trillion.
Read more »
Elon Musk’s complicated love affair with China enters a new chapterBEIJING, May 15 — In China, Elon Musk has been the object of love — and occasional loathing.The Tesla boss has been both lauded as a visionary and criticised by Chinese...
Read more »
