SpaceX IPO Prospectus Expected Next Week

CNBC reported Thursday that the SpaceX IPO prospectus could be made public as soon as next week, citing people with direct knowledge of the plans. The rocket company, led by Elon Musk, aims to formally kick off investor marketing on June 8.

SpaceX IPO Timeline Takes Shape

SpaceX filed its listing documents confidentially in April. Regulations require public disclosure at least 15 calendar days before a roadshow starts. The company and its advisers are targeting an earlier release to give potential investors adequate time to review the financials, sources told CNBC. Timing remains subject to change.

SpaceX did not respond to a request for comment before publication.

A Valuation Born From a Mega-Merger

The SpaceX IPO carries historic weight. In February, SpaceX merged with xAI, Musk’s artificial intelligence venture. That transaction valued the combined company at $1.25 trillion. Bloomberg previously reported the planned offering size sits between $70 billion and $75 billion. That figure would more than double the record set by Saudi Aramco’s 2019 debut. No single IPO has ever put that volume of shares into the market at once.

Advisers Scout Global Retail Channels

The sheer scale of the offering demands unconventional distribution. Advisers are actively approaching brokers in the United Kingdom, Japan, and Canada. The goal is to secure allocations for long-term retail investors outside the United States. This approach reflects the unusual logistical challenge of placing tens of billions in stock across a global investor base.

Wall Street Appetite for AI Names Is Surging

The broader IPO market is showing clear signs of revival after a prolonged dry spell. AI chipmaker Cerebras made its public debut Thursday and surged 68% on its first day, closing with a market capitalisation near $95 billion. The result underscored strong investor demand for any company tied to the artificial intelligence supply chain. OpenAI and Anthropic are separately pursuing listings that could push their own valuations past $1 trillion before year-end. SpaceX’s prospectus, when it lands, will test whether that enthusiasm scales to the largest offering the market has ever seen.

Read Next: OpenAI Eyes 2026 IPO as AI Valuations Hit New Highs