SpaceX Moves IPO Up to June 12, Completes 5-for-1 Split — $75B Raise Would Be Largest Ever
SpaceX accelerated its Nasdaq IPO to June 12 and completed a 5-for-1 pre-IPO stock split. Targeting $75 billion at a $1.75 trillion valuation, it would shatter Saudi Aramco's record as the largest IPO in history.
- SpaceX accelerated its IPO to June 12 Nasdaq and completed a 5-for-1 split at $105.32/share
- The $75B target at $1.75T valuation would be the largest IPO ever — 2.5x Saudi Aramco
SpaceX moved its IPO up to June 12 on Nasdaq and completed a 5-for-1 stock split. With a $75 billion fundraising target at a $1.75 trillion valuation, it would be the largest IPO in history — 2.5x Saudi Aramco.
Elon Musk's SpaceX accelerated its IPO timeline from late June to June 12 on the Nasdaq, completing a 5-for-1 stock split along the way. Roadshow starts June 4, pricing June 11. Ticker: SPCX.
Largest IPO Ever — 2.5x Saudi Aramco
Underwriters are targeting up to $75 billion in proceeds at a $1.75 trillion valuation — shattering Saudi Aramco's $29.4 billion record by 2.5x. At $1.75 trillion, SpaceX would list as the eighth-largest public company in the US, just ahead of Tesla. Immediate inclusion in the Nasdaq-100 is widely expected.
5-for-1 Split — Retail Access Play
Shareholders approved the split May 15, reducing the per-share price from $526.59 to $105.32. A private company splitting before its IPO is extremely unusual. The intent: let retail investors who can't buy fractional shares participate in the listing without a five-figure commitment.
Post-xAI Merger: AI + Space Combined
SpaceX completed its merger with Musk's AI startup xAI in February 2026. This IPO isn't just a rocket company going public. It's Starlink internet, Falcon rockets, Starship, xAI's Grok AI, and X (social media) — a tech-infrastructure conglomerate straddling the two hottest Wall Street themes simultaneously.
AI and the space economy are the two hottest addressable markets on Wall Street right now. SpaceX combines both.
The Motley Fool, May 2026
Timeline
- May 15 — 5-for-1 split approved and completed ($105.32/share)
- May 21 — S-1 prospectus expected to go public
- June 4 — Roadshow begins
- June 11 — IPO pricing
- June 12 — Nasdaq debut (ticker: SPCX)
- Dec 9 — 180-day insider lockup expires
Frequently Asked Questions
When is the SpaceX IPO?
SpaceX targets June 12, 2026 for its Nasdaq debut as ticker SPCX. The roadshow starts June 4 and pricing is set for June 11.
What is SpaceX's IPO valuation?
SpaceX is targeting a valuation of up to $1.75 trillion, seeking to raise up to $75 billion — which would be the largest IPO in history, more than 2.5x Saudi Aramco's record $29.4 billion.
Why did SpaceX do a stock split before its IPO?
The 5-for-1 split reduced the per-share price from $526.59 to $105.32, making it accessible to retail investors who can't buy fractional shares through their brokers.
What is the relationship between SpaceX and xAI?
SpaceX merged with Musk's AI startup xAI in February 2026. The IPO encompasses Starlink, Falcon rockets, Starship, xAI's Grok AI, and the social media platform X.
How can Korean investors buy SpaceX stock?
IPO allocation goes primarily to institutions. After listing, SPCX can be purchased through domestic brokers' overseas stock accounts. Nasdaq-100 inclusion would also provide indirect exposure via QQQ ETFs.
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