SpaceX is expected to get listed on 6/12, aiming to be included in the Nasdaq 100 index

Elon Musk’s space exploration technology company (SpaceX) is actively preparing for its first initial public offering (IPO), with the fastest expected listing on the Nasdaq stock exchange on June 12. The stock ticker will be “SPCX”. The offering targets an expected valuation of more than $2 trillion, and seeks to raise up to $75 billion in funds. To advance this deal, SpaceX has appointed multiple major financial institutions as lead underwriters. In addition to its existing rocket and Starlink business, the company is also bringing the artificial intelligence firm xAI under its umbrella through an acquisition. This move shows that it is working to integrate space technology with artificial intelligence, further expanding its revenue streams.

SpaceX is expected to list on 6/12, aiming to get into the Nasdaq 100 index

According to a report by Bloomberg, SpaceX’s listing progress is in an acceleration phase. Based on data, the company is expected to start its roadshow as early as June 4, set pricing on June 11, and list on June 12. The core consideration for choosing Nasdaq as its listing venue is efficiency in being included in market indexes. With the exchange’s fast inclusion mechanism, SpaceX could be added to the Nasdaq 100 Index (Nasdaq-100 Index) right in the early stage after listing. This decision not only improves stock liquidity, but also helps attract capital inflows from passive funds.

(Structural manipulation of index composition? After the SpaceX IPO, increased volatility could be unfavorable for passive investors)

Core revenue streams and integration with the AI sector

In operations, SpaceX’s main revenue relies on rocket launches and the Starlink satellite network in low Earth orbit. According to estimates from research firms, revenue from these two main businesses is expected to approach $20 billion in 2026. In addition, the company acquired the artificial intelligence firm xAI through an all-stock transaction in February. While xAI’s expected revenue in 2026 is below $1 billion, this acquisition demonstrates a strategic effort to combine space infrastructure with artificial intelligence technology, providing more room for growth and potential for further technology integration in its future business blueprint.

SpaceX’s market valuation has surpassed $2 trillion

This SpaceX listing deal has drawn significant attention due to its massive fund-raising scale. Reports say the company is seeking to raise up to $75 billion, with a target valuation of more than $2 trillion. To drive this offering, SpaceX assembled a large team of investment banks, including JPMorgan, Morgan Stanley, Goldman Sachs, Citibank, and Bank of America, all serving as major underwriting participants. This indicates the level of involvement by major financial institutions in the deal, while also reflecting the market’s ongoing focus on the company’s long-term business development and financial structure.

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