Musk Signals SpaceX IPO Nears as Pre-IPO Market Implies $1.8 Trillion Valuation
Elon Musk signaled SpaceX’s planned initial public offering is moving closer, saying during an interview at the Samson International Smart Mobility Summit in Israel that the company had to “get this SpaceX IPO going pretty soon.” The comment came as a pre-IPO market on Hyperliquid indicated an implied SpaceX valuation of about $1.8 trillion and logged more than $40 million of trading volume in roughly its first 12 hours.
The update adds to earlier reports that SpaceX is preparing to list on Nasdaq under ticker SPCX, with pricing as early as June 11 and trading expected to begin June 12. Reports have described the deal as potentially raising as much as $75 billion at a valuation above $2 trillion, which would make it the largest IPO on record; shareholders have also approved a 5-for-1 stock split, Musk has said he is not selling shares, and The Information previously reported BlackRock had discussed a $5 billion to $10 billion investment.
From the sources (25 posts)
@financialjuiceSpaceX picks NASDAQ as listing venue for its initial public offering, as early as June 11th, set to list shares on June 12th, under the ticker SPCX - Sources
@wallstengineSpaceX picked Nasdaq for its IPO and is expected to price as early as June 11, with shares set to begin trading June 12 under ticker $SPCX.
@stockmktnewzJUST IN: SpaceX plans to list on the Nasdaq under the ticker $SPCX and will begin trading on June 12th - Reuters
@polymarketmoneySpaceX reportedly picked Nasdaq for its IPO under the ticker $SPCX. The IPO is expected to price as early as June 11 with shares set to begin trading June 12.
@unusual_whalesBREAKING: SpaceX reportedly picks NASDAQ as listing venue for its initial public offering, as early as June 11th, set to list shares on June 12th, under the ticker $SPCX, per Reuters
@kalshiJUST IN: SpaceX to reportedly trade under ticker $SPCX on June 12
@businessSpaceX has tapped Nasdaq as the listing venue for its long-awaited IPO, Reuters reported
@coindeskJUST IN: SpaceX is reportedly accelerating its IPO timeline and targeting a June 11 pricing on the Nasdaq, per Reuters.
@polymarketJUST IN: SpaceX reportedly plans to begin trading on the Nasdaq June 12th under the ticker $SPCX.
@exec_sumBREAKING: SpaceX has accelerated its IPO timeline and is now targeting June 11 pricing on Nasdaq > Listing venue: Nasdaq > Ticker: $SPCX > First day of trading: June 12
@kobeissiletterBREAKING: SpaceX is planning to debut its record-setting IPO as soon as June 12th and has packed the Nasdaq as its listing venue, per Reuters. SpaceX has accelerated its IPO timeline and is now aiming to flip its prospectus public as ear
@wsjmarketsSpaceX Is Aiming to Go Public on June 12 in What Stands to Be Biggest IPO Ever
@cointelegraph🚨 BIG: SpaceX is reportedly targeting a June 12 IPO debut on Nasdaq and could make its prospectus public as early as next Wednesday, per Reuters.
@reutersExclusive: SpaceX accelerates IPO timeline, targets June 12 listing on Nasdaq, sources say
@edludlowSpaceX is doing a 5-for-1 stock split @lorengrush breaking @TheTerminal
@nmasc_RT @EdLudlow: SpaceX is doing a 5-for-1 stock split @lorengrush breaking @TheTerminal
@businessA majority of SpaceX shareholders approved a 5-for-1 stock split recommended by the closely held company’s board, according to people familiar with the matter
@polymarketJUST IN: SpaceX shareholders approve a 5-for-1 stock split.
@reutersExclusive: SpaceX accelerates IPO timeline, targets June 12 listing on Nasdaq, sources say
@businessElon Musk said he is not selling any SpaceX shares, with the company reported to be preparing to file publicly for its long-awaited IPO as soon as next week
@reutersSpaceX shareholders approve 5-for-1 stock split, Bloomberg News reports
@stocksavvyshaySpaceX holders reportedly approved a 5-for-1 stock split ahead of its expected IPO. The move adjusts the fair market value per $SPCX share to about $105 from $527.
@edludlowRT @EdLudlow: SpaceX is doing a 5-for-1 stock split @lorengrush breaking @TheTerminal
@negligible_cap*BLACKROCK WEIGHS $5B-$10B INVESTMENT IN SPACEX IPO: INFORMATION $BLK considering investing $5B to $10B in SpaceX Meanwhile $BN just announced they made a $1B investment yesterday Everyone’s loading up ahead of the IPO
@reutersBlackRock weighs multibillion-dollar investment in SpaceX IPO, the Information reports