Ahead of Thursday's scheduled launch of SpaceX's Starship V3 rocket, there are indications that Elon Musk's rocket and AI company could release its IPO filing as soon as this afternoon, giving investors, analysts, and competitors a rare look inside the finances and ownership structure of Musk's space empire.
Starship and Super Heavy V3 moved to the pad at Starbase for final testing and preparations for launchpic.twitter.com/vU21Owvoif
On Tuesday,The Wall Street Journalreported that Goldman Sachs secured the lead-left role on SpaceX's upcoming IPO, positioning it as the top banker on what could become one of the largest public offerings in history.
SpaceX is expected to seek a valuation of up to $2 trillion, raising an estimated $75 billion to help fuel its AI and Starship rocket-launch ambitions after merging with xAI and pursuing plans for orbital data centers.
The companyconfidentially filed IPO documentswith the SEC in early April, and its public S-1 filing is expected at any moment today.
Last Friday, Reuters reported that the IPO is set for pricing on June 11,followed by a June 12 debut.
The ticker "SPCX" leads the Polymarket bet, "What will SpaceX's public ticker be?" at 91% by lunchtime in New York.
Elon Musk virtuallyattended a summit in Tel Avivon Monday, where he said, "We've got to get the SpaceX IPO stuff going here pretty soon." Those comments put a bid into AST SpaceMobile, EchoStar, and Rocket Lab.
Bloomberg's Eric Johnsonoutlined what exactly to look for when the S1 drops:
The company, known formally as Space Exploration Technologies Corp., is expected to pick Nasdaq as its listing venue, which would set it up for potential inclusion in the Nasdaq 100.
Source: ZeroHedge News
