SpaceX has earmarked a higher percentage of shares for direct retail investment through Robinhood and SoFi platforms as it prepares for a record-breaking IPO valued at $1.75 trillion. The company currently accounts for 82% of US space launches and owns 50% of all satellites in orbit. Bloomberg analysts and Wall Street institutions are closely monitoring preparations for what could be the largest market debut of all time.
In a move reflecting the platform's ambition to evolve beyond retail trading services, Robinhood CEO Vlad Tenev announced that the company's securities business has officially achieved underwriter status.
Read the full storyIn a landmark event for global capital markets, SpaceX is expected to begin trading on the Nasdaq under the ticker SPCX this Friday with an initial market valuation of approximately $1.77 trillion.
SpaceX prepares for a potential record-breaking IPO, leveraging its 82% share of US space launches and ownership of half of all satellites in orbit.
In a move set to redefine financial market records, reports indicate that the upcoming SpaceX IPO on June 12, 2026, is priced at $135 per share, targeting a historic $1.77 trillion valuation.