On June 11, SpaceX will price its IPO, and that day could go down in financial market history. Between record valuation, direct exposure to bitcoin and rush of institutional investors, the operation orchestrated by Elon Musk is already causing rare agitation on Wall Street.
In brief
- SpaceX is targeting June 11 to price its IPO, with listing on Nasdaq starting June 12.
- The company is looking to raise approximately $75 billion at a valuation of $1.75 trillion.
- This IPO would eclipse that of Saudi Aramco in 2019, becoming the largest in history.
Elon Musk accelerates the arrival of SpaceX on Nasdaq
SpaceX is clearly accelerating its schedule. According to several sources close to the matter, Elon Musk's company plans to set the price of its IPO on June 11 before trading begins on Nasdaq around June 12.
The company would also have benefited from a faster-than-expected review by the SEC, which explains this sudden acceleration of the process.
The figure is dizzying: $75 billion could be raised for a valuation close to $1,750 billion. At this level, SpaceX would far exceed Saudi Aramco's historic IPO in 2019. Wall Street is therefore preparing to absorb a mega-capitalization capable of reshaping global capital flows.
The choice of Nasdaq is not trivial. Elon Musk would aim for rapid integration into the Nasdaq-100the king index of American technology stocks. This inclusion could mechanically attract billions of additional dollars via ETFs and index funds. Passive investors would then be forced to massively purchase SpaceX shares.
Bitcoin, Nasdaq and liquidity, the real impact could come from cryptos
The impact of this IPO could quickly go beyond the simple stock market. For several years, bitcoin has evolved with an increasingly strong correlation with the Nasdaq and major technology stocks. The same hot money is now fueling Bitcoin ETFs, AI stocks and US megacaps.
MSCI analysts are sounding the alarm: an IPO of this magnitude mechanically attracts capital. The liquidity circulating today in the crypto ecosystem could therefore temporarily go in the direction of SpaceX, in the process weakening the most exposed segments of the digital market.
But the file also has an extremely bullish dimension for bitcoin. SpaceX officially owns 8,285 BTC held at Coinbase Prime, or approximately $656 million at current prices.
This would make SpaceX the first company going public with such a large bitcoin treasury built directly into its financial accounts under new U.S. fair value accounting standards.
In short, traditional investors could soon gain indirect exposure to bitcoin simply by purchasing SpaceX shares. This situation further strengthens the convergence between Wall Street and the crypto ecosystem.
The SpaceX IPO is not just a stock market event: it could reshape the capital balances between stocks and digital assets for months. In an increasingly interconnected market, crypto investors would do well to watch June 12 very closely.
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