SpaceX Accelerates Timeline For Its IPO Valued At $1.8 Trillion; Will Now List on June 12: Reports

• Roadshow set for June 4, pricing June 11.
• Accelerated timeline driven by faster-than-expected SEC review.
• SpaceX is likely to target a raise of about $75 billion at a valuation of roughly $1.75 trillion.

Elon Musk’s rocket and satellite manufacturing company, SpaceX, is reportedly accelerating its timeline for an initial public offering that could become the largest IPO in history. 

The aerospace firm is aiming to make its market debut as early as June 12 and has selected the Nasdaq as its listing exchange, Reuters reported, citing sources familiar with the matter. The company is looking to raise raise of about $75 billion at a valuation of roughly $1.75 trillion. 

The anticipated $75 billion fundraising target would comfortably dwarf the previous global record set by state-owned oil giant Saudi Aramco, which raised $29.4 billion in its 2019 IPO.

The updated schedule represents a quicker-than-expected turnaround for the offering. SpaceX had initially targeted late June for the launch—aligning roughly with Musk’s birthday—but moved the dates forward, Reuters reported.

The rocket maker is set to trade under the ticker 'SPCX'.

 Sources told Reuters that the accelerated timeline was driven in part by a faster-than-expected regulatory review of the company's filing by the Securities and Exchange Commission.

Under the new schedule, SpaceX plans to make its prospectus public as early as next Wednesday, with a target to launch its investor roadshow on June 4. The company could price its initial public offering as early as June 11, preceding the June 12 market debut.

Musk Addresses Governance Concerns At SpaceX

Elon Musk, SpaceX’s founder and CEO, addressed governance concerns tied to the listing in a post on X on Friday. Responding to reports that the company intends to guarantee he cannot be fired and offer a trillion-dollar pay package linked to achieving a Mars colony, Musk wrote: “Yes, I need to make sure SpaceX stays focused on making life multiplanetary and extending consciousness to the stars, not pandering to someone’s bullshit quarterly earnings bonus!” 

He added that success in the “absurdly difficult goal” would make SpaceX worth “many orders of magnitude more than the economy of Earth,” while warning of potential turbulence along the way.

Cramer Urges Caution

CNBC’s Jim Cramer struck a more cautious note, warning that the SpaceX IPO could prove “destructive” for the broader market if underwriters issue too few shares. He expressed concern that intense demand could detach the stock from fundamentals and fuel speculative excess similar to the dot-com era, potentially setting a precedent for other high-profile AI-related listings such as OpenAI and Anthropic. Cramer urged banks to act responsibly and avoid engineering an explosive first-day pop. 

SpaceX Retail View 

Retail sentiment on Stocktwits was “extremely bullish” with “normal” message volumes.

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