SpaceX is accelerating its initial public offering timeline for a Nasdaq debut. The company targets a listing as early as June 12. It will trade under the ticker SPCX.
SpaceX filed confidentially for the offering in April. A public prospectus may be released within days. The investor roadshow is scheduled to begin around June 4.
The offering aims to raise as much as $75 billion. This would represent the largest initial public offering in history.
The company seeks a potential valuation exceeding $1.75 trillion. This figure would rank SpaceX among the world's largest public corporations.
A rapid U.S. Securities and Exchange Commission review drove the accelerated schedule.