Overview
- SpaceX plans to submit a public registration to the U.S. SEC this week after a confidential filing in April.
- The company is targeting a Nasdaq listing in June, with reports pointing to marketing in early June and pricing the following week, though the timeline could change.
- Shareholders approved a 5-for-1 stock split that set an indicated share value near $105, with the split expected to process this week.
- Media accounts differ on the valuation, with Reuters near $1.75 trillion and Bloomberg above $2 trillion, and several outlets say the raise could be about $75 billion.
- Operations are ongoing, including a recent Cargo Dragon resupply mission for NASA and preparations for the first flight of the Starship V3 design.