SPACEX IPO PROSPECTUS COULD DROP AS SOON AS NEXT WEEK
CNBC reports SpaceX is planning to publicly disclose its IPO prospectus as soon as next week.
The company confidentially filed in April.
The roadshow is expected to begin June 8.
SpaceX is targeting a historic offering after merging with xAI at a combined $1.25T valuation.
The reported IPO size is around $70B-$75B.
That would be more than double Saudi Aramco’s record 2019 IPO.
Demand for SpaceX IPO shares will be insatiable and massively oversubscribed. Ron Baron wants another $1 billion. Vanguard will probably want a piece. Hopefully retail can get some allocation, since they will be the least likely to sell the shares.
BLACKROCK WEIGHS $5B-$10B INVESTMENT IN SPACEX IPO
The Information reports BlackRock has discussed investing $5B-$10B in SpaceX’s upcoming IPO.
SpaceX is targeting a raise of up to $75B.
A check that size would make BlackRock one of the anchor investors in what could be the largest IPO ever.
The Information says IPO commitments above $1B are extremely rare, with fewer than a dozen examples over the past 25 years.
BlackRock already owns a private SpaceX stake worth at least $300M, but its position is smaller than Fidelity, Baillie Gifford and Franklin Templeton.
SpaceX is expected to begin its official roadshow in early June.
I hope everyone is ready for the SpaceX IPO… who’s buying SPCX? 🙋🏻♂️
It’s targeting June 2026 with reports now pointing to a possible June 12 Nasdaq debut. This will be the BIGGEST IPO in history aiming to raise ~$75 billion at a $1.75T+ valuation.
The S-1 was already filed in April with a public prospectus dropping any day now and a roadshow that will most likely kicks off in early June.
This will also be a huge win for retail investors with up to 30% of shares allocated to individual investors.
I believe Elon when he told us, “We will probably IPO Starlink, but only several years in the future when revenue growth is smooth & predictable. Public market does not like erratic cash flow haha. I’m a huge fan of small retail investors. Will make sure they get top priority. You can hold me to it.”
Watch out for the S-1 on EDGAR and official confirmation soon… this will be a generational opportunity.
Current @Polymarket odds for the SpaceX IPO market cap:
$1.8T — 70%
$2.0T — 49%
$3.0T — 16%
How high will the market cap go? Drop your predictions below!