Story perspectives

SpaceX Aims $1.8T Valuation, $80B IPO June

5/18/2026

Summary

SpaceX IPO

SpaceX will list on Nasdaq on June 12, 2026, seeking a $1.75-$2 trillion valuation.
The IPO plans to raise $75-$80 billion, the largest ever, after a 5-for-1 split set the share price at $105.32.
Elon Musk holds about 43 percent of SpaceX, giving him roughly 78 percent voting power and a potential $1 trillion-value share bonus.
BlackRock is weighing a $5-$10 billion investment, while analysts warn the stock could be highly volatile with downside risk exceeding $1.5 trillion.

Summary

Alphabet's SpaceX IPO

Alphabet's ~7% SpaceX stake could sharply rise in value if an IPO occurs.
Bank of America may earn large underwriting fees and lower its debt-risk exposure from the listing.
Retail investors hold scarce private-equity via DXYZ, XOVR ETF and VCX fund, which may compress after the IPO.
Interval funds limit redemptions to quarterly windows with 5% caps, while closed-end funds may trade up to ten-times NAV.

History

Historical Context

Google’s August 19 2004 Nasdaq IPO raised $1.67 billion, valued the firm at $23 billion and used a Dutch-auction format that democratized share allocation. The high-profile underwriting by Morgan Stanley, Goldman Sachs and Credit Suisse set a template for tech listings. SpaceX plans a similar 2026 Nasdaq debut, with Elon Musk’s 43 percent stake and BlackRock poised to invest billions, echoing Google’s market-making precedent.

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SpaceX IPO

SpaceX will list on Nasdaq on June 12, 2026, seeking a $1.75-$2 trillion valuation.
The IPO plans to raise $75-$80 billion, the largest ever, after a 5-for-1 split set the share price at $105.32.
Elon Musk holds about 43 percent of SpaceX, giving him roughly 78 percent voting power and a potential $1 trillion-value share bonus.
BlackRock is weighing a $5-$10 billion investment, while analysts warn the stock could be highly volatile with downside risk exceeding $1.5 trillion.

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