SpaceX announces plans for largest ever IPO

16:00 - 3.06.2026


June 3, Fineko/abc.az. SpaceX is planning to enter the Nasdaq stock exchange on June 12 under ticker SPCX, hoping to raise a record $75 billion and reach valuation of $1.75 trillion by selling new shares at $135 apiece.

ABC.AZ informs that the funds raised will be used to develop a satellite network and AI resources, but Morningstar analysts consider the estimate to be overestimated, valuing the company at $780 billion.