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May 16, 2026 12:30 AM

Elon Musk's SpaceX Targets June 12 Nasdaq IPO After 5-for-1 Stock Split Cuts Share Price Ahead Of Potential $75 Billion Debut: Report

Elon Musk's space venture, SpaceX, is reportedly planning its public market debut with a June 12 Nasdaq listing, while a 5-for-1 stock split lowers the per-share price.

SpaceX IPO Timeline Moves Ahead Faster Than Expected

Musk's company plans to trade under the ticker "SPCX." 

The space venture could publicly file its prospectus as early as next week, with a roadshow beginning June 4 and pricing expected around June 11, Reuters reported Friday, citing people familiar with the matter.

5-for-1 Stock Split Lowers Share Price For Investors

SpaceX has also informed shareholders of a 5-for-1 stock split, reducing its fair market value per share from about $526.59 to $105.32, Bloomberg reported on Friday.

SpaceX ...