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SpaceX Leans Toward Nasdaq Listing, Contingent on Rapid Nasdaq-100 Entry

Early index inclusion is a prerequisite, with Nasdaq’s fast-entry plan still awaiting approval.

A SpaceX Super Heavy booster carrying the Starship spacecraft lifts off on its 11th test flight at the company's launch pad in Starbase, Texas, U.S., October 13, 2025. REUTERS/Steve Nesius

Overview

  • Reuters reports SpaceX has made early Nasdaq-100 entry a condition for choosing Nasdaq as its listing venue.
  • Nasdaq’s proposed Fast Entry rule would allow a new listing that ranks within the index’s top 40 by market value to join in under a month, but the change is not final and could take months to implement.
  • SpaceX is targeting a valuation of about $1.75 trillion, which would place it among the largest U.S. companies by market capitalization.
  • The push for index inclusion is aimed at broadening access to institutional investors and improving liquidity, factors that can ease trading when IPO lockups expire.
  • The NYSE is also competing for the listing and neither exchange has been notified of a final decision, with a June debut still possible but not assured.