$SPCX

S&P Global said SpaceX’s IPO must meet existing S&P index inclusion rules, including at least 12 months of trading on an eligible exchange and GAAP profitability in the latest quarter and prior four quarters. The IPO is oversubscribed, prompting Schwab to set margin and anti-“flipping” rules. Micron shares are expected to open down over 4% to $953.20 after a $1,089.29 peak.

SpaceX filed an amended S-1/A, targeting an IPO at $135 per share and valuing the company at over $1.7 trillion, with Nasdaq ticker “SPCX.” Goldman Sachs forecasts SpaceX revenue rising to $474B and AI revenue to $322B by 2030 (from $3.2B in 2025), including $15.6B AI revenue in 2026.

SpaceX will begin trading on Nasdaq on June 12 under ticker SPCX, according to the article. The IPO is expected to raise $75 billion, with shares priced at $135 and 55.6 million shares offered. The piece cites IPO risks and notes Musk’s control via Class B shares (93.6% ownership, 85.1% voting power), board election by Class B holders, and arbitration/waived jury trials for shareholder actions.

S&P Dow Jones Indices said it will not change S&P 500 index methodology to speed up entry for newly public megacap tech firms such as SpaceX. The review had considered exemptions from profitability and a minimum one-year wait after IPO. The company said exemptions won’t be granted based solely on market cap. Other providers (Nasdaq, FTSE Russell) have loosened rules.

SpaceX began its IPO roadshow Thursday, setting a fixed $135 share price to raise $75 billion at a $1.75 trillion valuation, with pricing on June 11 and a Nasdaq debut June 12 under SPCX. Morningstar values it at $780 billion and cites heavy pre-commitments of proceeds. The IPO would be record-sized; Musk holds ~82% voting power via Class B shares.

SpaceX plans an IPO to raise up to $75 billion by pricing shares at $135, selling 555.6 million shares for a targeted $1.75 trillion valuation, according to a source and people familiar with the plans. The fixed-price approach would precede its roadshow. Reuters also reported possible retail allocation and an all-primary structure. Trading is expected to start June 12 on Nasdaq (SPCX).

SpaceX, led by Elon Musk, is planning an IPO to raise up to $75 billion by pricing shares at $135 each, aiming for a $1.75 trillion valuation, according to a source and people familiar with the plan. It would sell 555.6 million shares in an all-primary offering. The company plans a fixed-price IPO before its roadshow, with trading expected June 12 on Nasdaq under “SPCX.”

SpaceX plans a landmark IPO to raise $75 billion by pricing shares at $135, selling 555.6 million shares, and targeting a $1.75 trillion valuation, according to a source and people familiar with the plans. It would use a fixed-price approach before roadshow meetings. The all-primary deal would fund Starlink and AI infrastructure; trading is expected June 12 on Nasdaq (SPCX).

SpaceX plans an IPO to raise up to $75 billion, pricing shares at $135 and selling 555.6 million shares, targeting a $1.75 trillion valuation, according to a source and people familiar with the plans. It would use a fixed-price approach before its roadshow, with an all-primary structure. SpaceX expects 2025 revenue of $18.67 billion and reported a 2025 net loss of $4.94 billion. Trading is expected June 12 on Nasdaq under “SPCX.”

SpaceX said it plans to price its IPO at $135 per share, aiming to raise about $75 billion and value the company at about $1.77 trillion, according to the company. The deal would make roughly 5% of shares available publicly. Elon Musk is expected to retain about 42% economic ownership and over 85% voting power via a special share structure. SpaceX reported 2025 sales of $18.674 billion and a $4.937 billion net loss.