SpaceX just locked down the Nasdaq ticker SPCX, and the price tag wasn’t for a rocket. The company paid Tuttle Capital Management to acquire the symbol after a switch finalized in April 2026, clearing the last symbolic hurdle before what’s shaping up to be one of the largest IPOs in history.
The offering targets a share price of roughly $135, with approximately 555.6 million shares on the block. If you do the math, that’s around $75 billion in capital raised and a company valuation of approximately $1.75 trillion.
The road to Nasdaq
SpaceX, formally known as Space Exploration Technologies Corp., filed confidentially in April 2026 before releasing a public prospectus in May. The IPO is targeting pricing around June 11, 2026, with trading expected to begin the following day on June 12.
Goldman Sachs and Morgan Stanley are among the major underwriters backing the deal.
