SpaceX Prepares for Historic IPO Listing on Nasdaq

The SpaceX IPO: A Historic Listing on Nasdaq

Tech billionaire Elon Musk’s SpaceX is preparing to list its shares on the US-based Nasdaq in what will be the most hotly anticipated initial public offering (IPO) in years.

What is SpaceX?

Founded in 2002 by Musk, now the world’s richest man, SpaceX is best known for designing and launching rockets, spacecraft and reusable launch vehicles.

Since 2006, the company has partnered with NASA to deliver cargo and crew to the International Space Station (ISS).

The Texas-based company has also launched rockets, satellites and spacecraft for various private companies.

As well as its aerospace business, SpaceX provides internet services and artificial intelligence platforms through its dedicated divisions, Starlink and xAI.

The Significance of the SpaceX IPO

The IPO will be listed under “SPCX” on the Nasdaq, which is home to such corporate behemoths as Nvidia, Apple and Microsoft.

While SpaceX has not officially confirmed the date of its public debut, multiple media reports have said it is planning to do so as early as June.

Following the IPO, members of the public will be able to buy and sell SpaceX shares on the stock exchange.

Why is the SpaceX IPO such a Big Deal?

It is widely expected to be the largest IPO in history, and is likely to make Musk the world’s first trillionaire.

The firm is aiming to raise upwards of $80bn for a market valuation of between $1.75 trillion and $2 trillion, according to media reports.

Twenty-three financial institutions, including Goldman Sachs, Morgan Stanley, Citigroup, JP Morgan and BofA Securities, are underwriting the deal.

Financial Performance and Future Outlook

SpaceX achieved revenue of $18.6bn in 2025, up from $14bn the previous year, but suffered a net loss of $4.9bn.

In the first quarter of this year, the company reported $4.7bn in revenue but made a net loss of $4.3bn.

Analysts have linked some of the losses to SpaceX’s decision to acquire xAI in 2025.