Illustration of SpaceX headquarters with stock ticker and rockets for their IPO news.
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, the Texas-based space exploration firm founded by Elon Musk in 2002, filed plans with the US Securities and Exchange Commission to list shares on the Nasdaq under the symbol SPCX. The filing did not specify the amount to be raised but referenced an earlier draft seeking up to $75 billion, which would surpass the previous record set by Saudi Aramco.

Watu wanasema nini

Initial reactions on X highlight SpaceX's groundbreaking achievements and potential for massive valuation, with some skepticism about stock ticker details and inter-company ties revealed in the filing.

Makala yanayohusiana

Illustration of SpaceX rocket launch symbolizing its record $2 trillion IPO with Elon Musk and stock market elements.
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SpaceX hits $2 trillion valuation in record IPO debut

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SpaceX completed its initial public offering with a valuation exceeding $2 trillion, becoming the world's seventh most valuable company. The debut propelled Elon Musk to trillionaire status amid strong retail demand.

SpaceX is scheduled to go public on Thursday at a valuation of 1.77 trillion dollars. New investors are expected to receive just 4.2 percent ownership after the offering.

Imeripotiwa na AI

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.

SpaceX shares have risen more than 40 percent since the company's June 12 debut, pushing its market value to roughly $2.5 trillion. The surge places the firm sixth among the world's largest companies and nearly twice the size of the entire Bitcoin market.

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SpaceX has filed documents for an initial public offering expected next month, revealing it held 18,712 bitcoin worth $1.29 billion as of March 31. The filing shows the company generated $18.7 billion in revenue last year. Elon Musk is set to remain chief executive, chief technical officer and board chairman after the listing.

SpaceX shareholders have approved a five-for-one stock split as the company prepares for a potential listing on public markets. The rocket maker aims to debut on Nasdaq as early as June 12. The move could lead to one of the largest initial public offerings ever.

Imeripotiwa na AI

SpaceX began trading on Nasdaq on Friday, bringing the largest Bitcoin position ever attached to an initial public offering onto public markets. The company disclosed holdings of 18,712 Bitcoin valued at $1.29 billion.

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