SpaceX to list on Nasdaq on June 12 with a $1.77 trillion valuation

KuCoinFlash

Release Time: 06/04/2026 01:12:41

Summary

SpaceX is set to debut on Nasdaq on June 12 with a $1.77 trillion valuation, according to on-chain news. The company priced its IPO at $135 per share, planning to issue 555.6 million shares to raise $75 billion. This listing marks a major milestone, positioning SpaceX as the seventh-largest U.S. public company, surpassing Tesla’s $1.6 trillion valuation.

BlockBeats news, on June 4, according to Bloomberg, SpaceX, led by Musk, disclosed in a filing submitted to the U.S. Securities and Exchange Commission (SEC) on Wednesday that it plans to set the offering price at $135 per share prior to officially launching its IPO roadshow—consistent with figures reported by sources. SpaceX stated that it intends to issue 5.556 billion shares to raise $75 billion.

Typically, at this stage of the IPO process, issuers set a price range to test market demand sensitivity across different price levels. However, SpaceX has adopted a more unique pricing strategy. At a price of $135 per share, SpaceX’s valuation would reach $1.77 trillion.

This valuation would make SpaceX the seventh-largest U.S. company by market capitalization, surpassing Tesla, which currently has a market cap of approximately $1.6 trillion. SpaceX plans to officially list on the Nasdaq exchange on June 12.

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