SpaceX Targets June IPO as Nasdaq Listing Could Become Largest Market Debut

Elon Musk’s SpaceX is reportedly moving faster toward what could become the largest initial public offering in history. The company is aiming to price its IPO around June 11, with trading on the Nasdaq exchange expected to begin as early as June 12.

Reports suggest SpaceX accelerated its timeline after a quicker than expected review by the U.S. Securities and Exchange Commission (SEC). The company is expected to begin its investor roadshow on June 4 and may release its public prospectus next week.

SpaceX filed its S-1 registration with the SEC in April and is reportedly seeking to raise about $75 billion at a valuation near $1.75 trillion.

SpaceX IPO Could Affect Stocks and Crypto Markets

If completed at the expected size, the IPO would surpass Saudi Aramco’s 2019 public listing and become the biggest stock market debut ever.

Analysts say such a massive offering could shift investor money away from other technology stocks and cryptocurrencies as funds move into SpaceX shares.

SpaceX Holds More Than 8,000 Bitcoin

SpaceX also brings direct Bitcoin exposure to public markets. The company reportedly holds 8,285 BTC, worth around $656 million, stored with Coinbase Prime. Market observers say this could make SpaceX one of the first major IPOs with a large Bitcoin treasury under updated accounting rules.