SpaceX Files S-1 for Nasdaq Listing Under Ticker SPCX

U.S. Securities and Exchange Commission on May 20, 2026. The filing confirms plans to list on the Nasdaq under the ticker SPCX with a targeted June 12, 2026 debut.

A public valuation for SpaceX would establish transparent share-based exchange ratios for any future transaction. Wedbush analyst Dan Ives said the IPO establishes the financial architecture for a deal and placed the probability of a combination at 80% to 90%.

"I think that's the step process they'll go through, and then a merger with Tesla. I think 80%, 90% type of chance," Ives said. Ives maintains an Outperform rating on Tesla with a $600 price target. Ross Gerber, CEO of Gerber Kawasaki Wealth Management, has argued that any transaction would function more like an acquisition of Tesla by SpaceX.

Gerber has also raised conflict-of-interest concerns given simultaneous leadership of both companies.

2026, Tesla, SpaceX, and xAI began construction of a facility called Terafab. The project represents the most concrete sign of operational convergence between the companies.