SpaceX has tentatively chosen an exchange for its IPO - Reuters

SpaceX, which produces rockets and satellites and is owned by Elon Musk, is leaning toward listing its shares on the U.S. exchange Nasdaq. Four sources familiar with the company's plans told Reuters.

SpaceX's potential IPO could be the largest initial public offering in history, with the company expecting to be valued at more than $1.75 trillion, Reuters and Bloomberg interlocutors said.

Its shares SpaceX wants to include as soon as possible in the index Nasdaq 100 (includes securities of the hundred largest companies from the Nasdaq Composite - excluding the financial sector), explained sources Reuters, - this condition the company is trying to make mandatory for a potential listing, said two interlocutors of the agency.

However, according to them, no final decision on the exchange has been made yet. The New York Stock Exchange is also a candidate to become a platform for a potential SpaceX offering, Reuters sources say. At the moment, none of the exchanges has received an official notification on this matter, the agency points out.

IPO SpaceX plans to hold in June, wrote Reuters. Interlocutors of the Financial Times noted that this event Elon Musk's company may be timed to coincide with the parade of planets - in mid-June 2026.

Under current rules, newly listed companies have to wait up to a year before they can be included in major U.S. stock indexes like the S&P 500 or Nasdaq 100. They first have to show they are stable enough to handle the volume of buy requests from institutional investors, Reuters points out. However, in February, Nasdaq proposed a new rule that could potentially accelerate the inclusion of recently listed mega-capitalization companies. Under it, a newly listed company could be included in one of the major indexes on an accelerated basis - in less than a month - if its market capitalization is within the top 40 companies in the index.

At the end of last year, the Nasdaq 100 was up about 21%; since the start of 2026, the index has lost just over 1%.

This article was AI-translated and verified by a human editor