SpaceX has secured the Nasdaq ticker SPCX, paying Tuttle Capital Management to acquire the symbol after a final switch in April 2026. This clears the last symbolic hurdle before what is expected to be one of the largest IPOs in history.
The offering targets a share price of roughly $135, with approximately 555.6 million shares available. That translates to roughly $75 billion in capital raised and a company valuation of about $1.75 trillion.
Goldman Sachs and Morgan Stanley are among the major underwriters.
If the IPO prices as planned, Elon Musk would simultaneously lead two trillion-dollar enterprises, as Tesla already holds that status.
SpaceX also holds approximately $1.29 billion in Bitcoin, which will be marked to market in quarterly reports. Strong Bitcoin performance improves the balance sheet; weak performance becomes headline risk.
Binance and Coinbase have already launched pre-IPO perpetual contracts tied to SpaceX's valuation, allowing traders to speculate using stablecoins like USDT and USDC.