SpaceX targets June 12 Nasdaq listing for record IPO
Elon Musk's SpaceX has accelerated its initial public offering timeline and plans to list on the Nasdaq on June 12 under the ticker SPCX. The company aims to raise approximately $75 billion at a $1.75 trillion valuation, potentially marking the largest stock market flotation in history.
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SpaceX plans to raise $75 billion at a $1.75 trillion valuation through a June 12 listing on Nasdaq. The rocket maker accelerated its timeline from late June following a faster-than-expected review by the SEC. This offering would mark the largest flotation in history, resetting benchmarks for private technology valuations in the United States.
