# SpaceX expected to price its flotation on 11 June before beginning trading on Nasdaq the following day under the ticker SPCX.

*aerospace · news · 2026-05-17 · City A.M.*

## Key points

- SpaceX's IPO is now scheduled for June 12, trading under the ticker SPCX on Nasdaq.
- BlackRock is considering a multibillion-dollar investment in the SpaceX IPO through its active funds.
- The IPO could raise up to $80bn, surpassing Saudi Aramco’s record 2019 float.
- Musk merged xAI and X with SpaceX, valuing the combined business at around $1.25tn earlier this year.
- SpaceX is being repositioned as an AI infrastructure company, targeting space-based datacentres.

**Companies:** SpaceX, BlackRock
**Countries:** United States

[Read the full story on City A.M.](https://www.cityam.com/blackrock-eyes-spacex-stake-as-musk-pulls-ipo-forward-to-june/)

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