Nasdaq to Host SpaceX’s $75B IPO with 4× Demand and $1.8T Valuation
NDAQ•Nasdaq will list SpaceX’s 555.6 million-share IPO at $135, raising $75 billion and valuing the company at $1.8 trillion after 4× subscription demand. This record offering is poised to boost Nasdaq’s listing revenues and cement its position in the growing AI IPO pipeline.
1. Record-Breaking IPO Demand
SpaceX attracted more than four times the 555.6 million shares available in its IPO, pricing at $135 per share. The sale will raise $75 billion and value the company at $1.8 trillion, eclipsing Saudi Aramco’s $29.4 billion IPO record.
2. Financial Impact on Nasdaq
Nasdaq stands to earn substantial listing and underwriting fees from the SpaceX deal, with fees typically representing a percentage of proceeds. The volume and scale of this listing are expected to drive trading activity and reinforce Nasdaq’s revenue from market services.
3. AI-Focused Listing Pipeline
Following Anthropic and OpenAI filings, SpaceX’s high-profile debut highlights a burgeoning AI IPO wave that could add an estimated $3.6 trillion in market value. Nasdaq’s role as the primary venue for these tech deals underscores its strategic positioning in AI capital markets.
