SpaceX IPO set to launch amid AI boom

SpaceX is preparing for a large initial public offering expected to draw record investor bids. The move comes as markets assess demand for AI-linked companies.

The offering is set to launch soon and will serve as a test for broader investor sentiment toward AI firms. Success could shape plans for upcoming IPOs at companies including OpenAI and Anthropic.

Observers note that the listing arrives during a period of market optimism driven by AI investments. They are monitoring whether the response signals sustained growth or indicates a potential peak.

The event is viewed as a notable development for global markets, with attention focused on valuation levels and bidding activity.

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Illustration of SpaceX headquarters with stock ticker and rockets for their IPO news.
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SpaceX files for nasdaq ipo with record valuation potential

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SpaceX submitted its initial public offering filing to US regulators on Wednesday. The move positions the company for what could be the largest IPO ever, with a valuation exceeding $1.75 trillion.

SpaceX plans to launch its initial public offering on the Nasdaq on Friday, with shares priced at $135 each. The offering is expected to raise $75 billion and value the company at about $1.75 trillion.

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SpaceX completed its initial public offering on June 12, raising more than $75 billion and achieving a valuation near $2 trillion. The listing also brought xAI into public markets for the first time.

SpaceX has attracted $250 billion in investor interest for its planned initial public offering, making the deal nearly four times oversubscribed. The company set a fixed price of $135 per share, valuing it at around $1.8 trillion.

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SpaceX made its historic NASDAQ debut on Friday with shares closing 19% higher. The company's valuation surged past $2 trillion, making it the sixth-largest U.S. firm by market value. The IPO raised $75 billion despite a reported loss last year.

SpaceX began trading on the Nasdaq on Friday under the ticker SPCX, rising sharply from its initial public offering price of $135 a share.

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SpaceX began trading publicly on the Nasdaq exchange in New York on Friday, marking the end of its nearly 25 years as a private company.

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