SpaceX is exploring a public listing that could fundamentally change the makeup of the Nasdaq 100. The company is targeting a valuation of $1.75 trillion, which would make it one of the most powerful entities on Wall Street. Sources suggest that a Nasdaq listing is preferred, provided the company can gain rapid index inclusion.
The company’s journey from a risky startup to a multi-trillion-dollar contender is a testament to its innovation in reusable rocketry. SpaceX currently handles the majority of the world’s commercial satellite launches, giving it a massive competitive moat. This market position is what justifies its multi-trillion-dollar aspirations to potential shareholders.
Nasdaq’s proposed “Fast Entry” rule is seen as a direct response to the needs of massive private firms like SpaceX. By allowing these companies to join the index in weeks rather than a year, Nasdaq can secure the biggest listings in the world. This regulatory shift is a game-changer for the IPO landscape.
For investors, a SpaceX listing provides a hedge against traditional tech and a bet on the future of humanity’s expansion. The stock would likely become a “must-own” for any growth-oriented portfolio. The sheer size of the company means it will have a significant impact on the daily movements of the broader market.
While the New York Stock Exchange is still in the mix, the tech-focused nature of the Nasdaq seems to align better with Musk’s brand. The confidential nature of the talks means that the timeline could still shift based on economic conditions. However, the momentum for a mid-2026 debut continues to build.