# SpaceX plans to offer its shares on the Nasdaq under the symbol SPCX.

*aerospace · news · 2026-05-20 · CNET*

## Key points

- SpaceX filed for a public listing on Nasdaq under the ticker symbol SPCX.
- A draft IPO registration valued SpaceX at up to $75 billion, surpassing previous IPO records.
- SpaceX reported $4.69 billion in Q1 2026 revenue but a net loss of $4.28 billion.
- SpaceX recently acquired xAI via an all-stock deal, jointly valued at $1.25 trillion.
- IPO proceeds are expected to fund Musk's ambitions in space, AI, and satellite ventures.

**Companies:** SpaceX
**Countries:** United States

[Read the full story on CNET](https://www.cnet.com/science/elon-musks-spacex-files-for-blockbuster-ipo-on-nasdaq/)

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