SpaceX has filed its S-1 prospectus with the SEC to list on Nasdaq under the ticker SPCX, targeting a valuation of approximately $1.75 trillion and seeking to raise up to $75 billion in what could become the largest IPO in Wall Street history. The pricing is expected on June 11, with public trading starting as early as June 12, 2026.
Following this announcement, stocks in the space sector, particularly those related to satellites and space technology, have seen increased volatility, with some companies like Gilat Satellite Networks (GILT), Satellogic Inc. (SATL), and EchoStar (SATS) drawing substantial investor interest. Gilat reported a revenue of $451.66 million in 2025, marking a nearly 48% increase year-over-year. Satellogic anticipates its sales to reach $36.7 million in 2026, reflecting expected annual growth of 107%.
Additionally, EchoStar is reported to be a direct proxy for SpaceX, with a significant $20 billion deal involving spectrum licenses that could greatly enhance its valuation if SpaceX reaches its IPO targets. EchoStar’s stake in SpaceX could be worth as much as $44 billion upon the IPO, highlighting its potential despite ongoing challenges in its legacy satellite TV business.
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