SpaceX

Type: Company

Overview

SpaceX is targeting a June 2026 IPO at a $1.75 trillion valuation while selling only 3.3% of its shares—the smallest float on record for a company of this scale. It reportedly made fast-track NASDAQ index inclusion a condition of choosing NASDAQ over NYSE. SpaceX also absorbed XAI, adding roughly $1B/month in AI burn to an otherwise profitable launch business.

Key Mentions