SpaceX’s Historic IPO Set for June 12
SpaceX is poised to debut on Wall Street on June 12, aiming to raise $75 billion and achieve a valuation of at least $1.8 trillion. This IPO is considered the largest in Wall Street history.
Recent changes to Nasdaq and U.S. Russell Equity Indexes will fast-track SpaceX’s entry into major indexes, requiring over $30 trillion in passive investment funds to make substantial purchases. Nasdaq has reduced the inclusion window from roughly three months to just 15 trading days, while Russell has cut it down to 5 trading sessions. Insiders will benefit from a staggered lockup period, allowing them to sell shares soon after the IPO, potentially leaving retail investors at a disadvantage.
On July 7, just weeks post-IPO, SpaceX is expected to be eligible for the Nasdaq-100, with accelerated considerations for S&P 500 inclusion possibly on the horizon. These structural changes may result in billions of dollars being invested in SpaceX shares shortly after the IPO, which could significantly impact the stock’s short-term performance.
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