Elon Musk's space exploration company, SpaceX, could be going public sooner than many expected.According to a new report from Reuters, SpaceX is "accelerating" its IPO launch in hopes of going public next month. SpaceX is aiming to make the official announcement this week to promote the IPO launch to potential investors in June.
Musk's space company is eyeing a June 12 listing date, with an early share sale the day before. SpaceX would be listed under the SPCX ticker on Nasdaq.
Mashable Light Speed
You May Also Like
According to previous reports, SpaceX is seeking a valuation of more than $1.75 trillionMusk and the company have recently made moves that clearly show intent to launch SpaceX as a publicly traded company. Earlier this year, Musk's SpaceX acquired Musk's AI company xAI in order to bolster the combined company's value.In addition, recently announced deals between SpaceX and big tech and AI companies would certainly be eye-catching for potential investors.
