SpaceX will reveal its IPO prospectus next week and begin a road show on June 8 - CNBC

Elon Musk's space company SpaceX, which, according to several media outlets, confidentially filed for an IPO in April, plans to disclose a prospectus as early as next week, sources told CNBC. According to them, it expects to start a road show - an official presentation of the deal to investors - on June 8.

The prospectus must be published at least 15 calendar days in advance, but SpaceX and its advisers want to disclose the documents a little earlier so investors have time to study the metrics. That said, the timeline is still subject to change, CNBC notes.

SpaceX could not immediately respond to the TV station's request for comment.

This IPO is expected to be the largest in history. After the merger of SpaceX with Musk's other business - AI company xAI - the structure is valued at $1.25 trillion. As Bloomberg sources previously reported, it is targeting a listing volume of about $70-75 billion - more than double the record IPO of Saudi Aramco in 2019. In this regard, SpaceX's advisers are looking for non-standard placement channels - especially among long-term retail investors outside the U.S., CNBC's sources said. In particular, the company is exploring partnerships with brokers in the U.K., Japan and Canada to allocate allocations to their clients, one of the sources said.

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