Reuters: SpaceX shares could go public as early as June 12.

According to a Reuters report on May 16th, sources familiar with the matter indicated that SpaceX will determine its initial public offering (IPO) price as early as June 11th, with shares listing on June 12th. SpaceX will choose Nasdaq as its listing venue, and its shares will trade under the ticker symbol "SPCX". Previously, CNBC reported that SpaceX planned to release its IPO prospectus as early as next week, aiming to launch its global roadshow on June 8th to formally introduce the deal to investors. The company secretly filed for an IPO in April of this year. This IPO is expected to be the largest in history. In February of this year, SpaceX merged with Elon Musk's artificial intelligence company xAI, valuing the combined entity at $1.25 trillion. Reports indicate that the company aims to raise approximately $70 billion to $75 billion in its IPO, more than double the record set by Saudi Aramco in 2019. SpaceX's IPO valuation is expected to rise from $1.75 trillion to over $2 trillion.