Elon Musk's SpaceX is preparing to launch its initial public offering. According to Reuters, the company has selected the Nasdaq exchange and, contrary to initial plans, has accelerated the process. This is reported by Ixbt.com reports .
According to sources, SpaceX shares will trade under the ticker symbol SPCX. The company is expected to publish its prospectus next Wednesday, with share sales beginning on June 11. Initially, this process was scheduled for the end of June, coinciding with Elon Musk's birthday.
The timeline was shortened because the U.S. Securities and Exchange Commission (SEC) reviewed the documents faster than expected. This move, considered one of the most significant events for this year's IPO market, could also set a precedent for AI giants like OpenAI and Anthropic.
At the same time, SpaceX has adopted a new corporate governance policy. These changes bypass standard shareholder protection mechanisms, granting Elon Musk nearly unlimited control and management authority over the company.
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