The offering highlights the growing connections within Musk’s business empire. SpaceX recently merged with his AI startup xAI in a deal that valued SpaceX at $1 trillion and xAI at $250 billion. Musk also leads Tesla, Neuralink, and X. The IPO is expected to include shares for retail investors. Roadshow meetings are targeted for June 4, with the share sale possibly as early as June 11 and a Nasdaq listing under the ticker SPCX around June 12.Goldman Sachs, Morgan Stanley, Bank of America, Citigroup, and J.P. Morgan are leading the offering. SpaceX’s debut could set the tone for other major tech IPOs later this year, including potential listings from AI companies OpenAI and Anthropic.
