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SpaceX Set to Reveal IPO Prospectus as Historic Share Sale Nears

SpaceX plans to disclose its initial public offering prospectus as soon as next week, according to sources familiar with the matter. The company confidentially filed for an IPO in April and is preparing to launch a roadshow marketing campaign on June 8. The prospectus must be disclosed at least 15 calendar days before the roadshow begins, but the company and its advisers are targeting an earlier release to allow investors adequate time to review financial details. The offering is expected to become the largest IPO on record following SpaceX's February merger with xAI, which valued the combined entity at $1.25 trillion. Bloomberg reported the company is targeting a listing size between $70 billion and $75 billion, more than double Saudi Aramco's 2019 record offering. SpaceX's advisers are pursuing unique distribution channels, including brokers in Japan and Canada, to reach international retail investors.