Story perspectives

SpaceX Targets $1.75 T Valuation in June Nasdaq IPO

5/16/2026

Summary

Story summary

SpaceX will list shares on Nasdaq as early as June 12, 2026 under ticker “SPCX”.
It will file its prospectus next Wednesday and start a roadshow on June 4, 2026.
The IPO targets a $1.75 trillion valuation and about $75 billion in proceeds.
A faster-than-expected SEC review moved the offering to early June.
SpaceX chose Nasdaq to seek early Nasdaq-100 inclusion, with Morgan Stanley, Bank of America, Citigroup, JPMorgan Chase and Goldman Sachs as underwriters.

History

Historical Context

In May 1997 Amazon.com went public on Nasdaq, raising $54 million with Morgan Stanley, Goldman Sachs and Credit Suisse as underwriters, marking one of the first large-scale internet listings. The offering foreshadowed the late-1990s dot-com boom that drove the Nasdaq Composite up 600% from 1995 to its March 10 2000 peak before a 78% crash, a pattern later echoed by firms such as SpaceX’s 2026 debut.

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Story summary

SpaceX will list shares on Nasdaq as early as June 12, 2026 under ticker “SPCX”.
It will file its prospectus next Wednesday and start a roadshow on June 4, 2026.
The IPO targets a $1.75 trillion valuation and about $75 billion in proceeds.
A faster-than-expected SEC review moved the offering to early June.
SpaceX chose Nasdaq to seek early Nasdaq-100 inclusion, with Morgan Stanley, Bank of America, Citigroup, JPMorgan Chase and Goldman Sachs as underwriters.

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