SpaceX outlines plans for mega Nasdaq IPO

May 18, 2026 at 13:15 UTC

2 min read

Orbital rocket on launch pad symbolizes plans for a mega Nasdaq IPO and blockbuster capital raise

Key Points

SpaceX is preparing a Nasdaq listing under the ticker SPCX
Media reports say the IPO could launch as soon as June 12, 2026
Underwriters are reportedly aiming to raise up to $75 billion
Analyst and private-market valuations sit below IPO ambitions

SpaceX sets course for Nasdaq debut

Media reports on May 17–18 indicate that SpaceX has settled key mechanics for an initial public offering and plans to list its shares on the Nasdaq exchange. The company has chosen the ticker symbol "SPCX" for the proposed listing.

According to this coverage, SpaceX is targeting an IPO debut as soon as June 12, 2026. If executed on that timeline, the transaction would bring one of the most closely watched private companies in the space sector to public markets.

Size and valuation targets for the planned IPO

Reports state that SpaceX’s underwriters are seeking to raise as much as $75 billion in the offering. Based on the same coverage, the company is aiming for a valuation of up to about $1.75 trillion at the time of listing.

At those levels, the IPO would rank among the largest equity offerings on record. The figures highlight the scale of investor demand SpaceX and its advisers are pursuing as they prepare for a potential public debut.

Contrasting valuation views emerge

Alongside the reported IPO targets, valuation expert Aswath Damodaran has published an independent analysis of SpaceX. His work estimates the company’s valuation at about $1.22 trillion.

That estimate is notably below the up to $1.75 trillion valuation cited in media reports on the planned IPO. The gap underscores differing views between an external valuation model and the pricing objectives reportedly under discussion for the public offering.

Private-market pricing signals

In the private secondary market, Forge reported a derived Forge Price for SpaceX of $646.78 per share as of May 17, 2026. This private-market reference price provides another perspective on how investors are currently valuing SpaceX outside public markets.

Taken together, the Forge Price, Damodaran’s roughly $1.22 trillion estimate, and the reported IPO valuation target of as much as $1.75 trillion illustrate a wide range of views on SpaceX’s worth ahead of the proposed listing under SPCX.

Implications ahead of the proposed listing

The combination of a targeted raise of up to $75 billion, an aspirational valuation near $1.75 trillion, and differing external benchmarks sets the backdrop for the anticipated IPO. These figures frame discussions around pricing as SpaceX prepares for a potential June 12, 2026 debut on Nasdaq.

As investors track developments, the contrast between private-market indicators, independent valuation analysis, and reported IPO ambitions will likely remain central to how the market assesses the eventual terms of SpaceX’s planned offering.

Key Takeaways

SpaceX’s planned Nasdaq listing under ticker SPCX is framed as a very large equity raise, with targets that would place it among the biggest IPOs to date.
Reported IPO valuation goals of up to about $1.75 trillion stand above both an external $1.22 trillion estimate and recent private-market pricing.
Differences between underwriters’ reported targets, analyst views, and Forge’s per-share price highlight uncertainty around where public-market pricing may ultimately settle.