SpaceX Plans Nasdaq Listing as Early as June
SpaceX intends to list shares on Nasdaq under ticker SPCX. The offering targets a valuation between $1.75 trillion and $2 trillion.
Al JazeeraSpaceX plans to list its shares on the Nasdaq exchange under the ticker SPCX as early as June. The company has not yet confirmed an exact date. The offering is expected to raise more than $80 billion. Twenty-three financial institutions, including Goldman Sachs, Morgan Stanley, Citigroup, JP Morgan, and BofA Securities, are underwriting the deal.
Company Background SpaceX was founded in 2002.
It designs and launches rockets, spacecraft, and reusable launch vehicles. Since 2006 the company has partnered with NASA to deliver cargo and crew to the International Space Station. SpaceX also operates Starlink for internet services and xAI for artificial intelligence platforms.
An IPO allows a private company to sell shares to the public for the first time. After the listing, shareholders will gain voting rights at SpaceX annual meetings. 6 billion in revenue for 2025, up from $14 billion the prior year. 3 billion in the first quarter of 2026.
SpaceX’s SEC filing states the firm aims to “make life multiplanetary” and build a human colony on Mars. The filing also notes that acquisitions may not achieve anticipated benefits. Gary Ng, senior economist for Asia Pacific at Natixis, said the IPO is a landmark deal for the space economy and that investors worldwide are watching the transaction.
Key Facts
Story Timeline
5 events- 2002
SpaceX founded by Elon Musk.
1 sourceAl Jazeera - 2006
SpaceX began NASA partnership for ISS missions.
1 sourceAl Jazeera - 2025
SpaceX reported $18.6 billion revenue and $4.9 billion net loss.
1 sourceAl Jazeera - Q1 2026
SpaceX reported $4.7 billion revenue and $4.3 billion net loss.
1 sourceAl Jazeera - June 2026
SpaceX plans to list shares on Nasdaq under SPCX.
1 sourceAl Jazeera
Potential Impact
- 01
SpaceX will disclose detailed financial statements to the SEC after listing.
- 02
Retail investors will be able to trade SpaceX shares on Nasdaq.
- 03
Musk will retain 85 percent of voting rights through dual-class shares.
Transparency Panel
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