Elon Musk chooses the Nasdaq for the decade's most anticipated IPO
On June 11, SpaceX will set the price of its IPO, and this day could enter the history of financial markets. Between record valuation, direct exposure to bitcoin, and a rush of institutional investors, the operation orchestrated by Elon Musk is already causing rare excitement on Wall Street.
In brief
- SpaceX targets June 11 to set the price of its IPO, with a Nasdaq listing starting June 12.
- The company seeks to raise around 75 billion dollars for a valuation of 1,750 billion dollars.
- This IPO would eclipse Saudi Aramco’s 2019 one, becoming the largest in history.
Elon Musk accelerates SpaceX’s arrival on the Nasdaq
SpaceX is clearly speeding up its timeline. According to several sources close to the matter, Elon Musk’s company plans to set the price of its IPO on June 11 before starting trading on the Nasdaq around June 12.
The company also apparently benefited from a faster than expected SEC review, which explains this sudden acceleration of the process.
The figure is dizzying: 75 billion dollars could be raised for a valuation close to 1,750 billion dollars. At this level, SpaceX would far surpass Saudi Aramco’s historic IPO in 2019. Wall Street is thus preparing to absorb a mega-market cap capable of reshaping global capital flows.
The choice of the Nasdaq is no coincidence. Elon Musk aims for rapid inclusion in the Nasdaq-100, the leading index of US technology stocks. This inclusion could mechanically attract billions of additional dollars through ETFs and index funds. Passive investors would then be forced to buy SpaceX shares massively.
Bitcoin, Nasdaq, and liquidity, the real impact could come from cryptos
The impact of this IPO could quickly exceed the simple stock market. For several years, bitcoin has evolved with an increasingly strong correlation with the Nasdaq and major tech stocks. The same speculative capital now fuels Bitcoin ETFs, AI stocks, and US mega-caps.
MSCI analysts are sounding the alarm: an IPO of this magnitude mechanically attracts capital. The liquidity currently circulating in the crypto ecosystem could therefore temporarily flow toward SpaceX, weakening in the process the most exposed segments of the digital market.
But the file also has an extremely bullish aspect for bitcoin. SpaceX officially holds 8,285 BTC kept at Coinbase Prime, worth about 656 million dollars at current prices.
This would make SpaceX the first company entering the stock market with such a large bitcoin treasury directly integrated into its financial accounts under the new US fair value accounting standards.
In plain terms, traditional investors could soon get indirect exposure to bitcoin simply by buying SpaceX shares. This situation further strengthens the convergence between Wall Street and the crypto ecosystem.
SpaceX’s IPO is not just a simple stock market event: it could redraw 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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Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.