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SpaceX Sets June 12 Date for Largest IPO in History

Business
Ahmed Dhain

The highly anticipated IPO of Elon Musk’s space company SpaceX is taking concrete shape. According to media reports, the company is set to make its debut on the Nasdaq on June 12, 2026. This would make it the largest IPO in history.

The planned date is noteworthy for several reasons. Originally, SpaceX had targeted the IPO for late June, close to Elon Musk’s birthday on June 28. However, the US Securities and Exchange Commission (SEC) completed its review of the filing significantly faster than expected, allowing the date to be moved forward.

IPO prospectus expected to be published this weekBefore the actual stock market debut takes place, several important steps are scheduled over the coming weeks. The official IPO prospectus is set to be published as early as May 20, 2026. This document contains detailed company figures and will give investors their first comprehensive insight into the group’s financial position.

On June 4, a so-called roadshow is set to begin, during which SpaceX intends to pitch participation in the company to institutional and private investors. The final determination of the offering price is planned for June 11, one day before the scheduled start of trading. SpaceX is to be listed on the Nasdaq under the ticker symbol “SPCX”.

SpaceX is today more than a space company. Following the merger with Musk’s AI firm xAI in February 2026, the group encompasses not only the rocket program but also the satellite internet service Starlink as well as AI products such as the chatbot Grok, which are to be marketed in the future under the SpaceXAI brand. At the time of the merger, the group was valued at 1.25 trillion dollars.

Should the IPO proceed as planned, Elon Musk could become the world’s first trillionaire. His current net worth is estimated at between 680 and 811 billion dollars, depending on the source. The SpaceX IPO could also be just the opening act for an extraordinary year on the stock markets: AI companies OpenAI and Anthropic are also reportedly planning IPOs for 2026.

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