'Biggest IPO Catch' SpaceX Could Go Public on NASDAQ as Early as June 12

SpaceX, the aerospace company led by Elon Musk, is expected to launch its initial public offering (IPO) on June 12.

Reuters and CNBC reported on May 15 (local time), citing multiple sources, that SpaceX is moving up its IPO schedule and is targeting a listing on NASDAQ on June 12.

SpaceX. Photo by Reuters/Yonhap News Agency

To this end, the company will soon release its investment prospectus and will hold a roadshow for investors on June 4. The public offering price will be finalized on June 11, and the listing is planned for the following day.

The SpaceX IPO is the top focus of the global financial markets.

After its merger with xAI in February this year, SpaceX's corporate value was estimated at $1.25 trillion, or KRW 1,873 trillion. Through this IPO, the company plans to raise between $70 billion and $75 billion.

This amount far exceeds the previous IPO fundraising record of $29 billion set by Saudi Arabia’s state-owned oil company Aramco in 2019.

To raise such a large amount of capital, SpaceX has appointed underwriters not only in the United States, but also in the United Kingdom, Japan, and Canada, assigning them to oversee each respective region.

SpaceX is engaged in satellite-based internet services through its 'Starlink' project and large spacecraft initiatives such as Starship. Recently, it also acquired the artificial intelligence startup xAI, previously led by Musk, and is now expanding its AI business.

If the IPO is successful, SpaceX will join Nvidia, Apple, Microsoft, Alphabet, and Amazon as one of the most valuable publicly listed companies in the world.

This content was produced with the assistance of AI translation services.