SpaceX accelerates IPO timeline, targets June 11 pricing on Nasdaq

Elon ​Musk's rocket and satellite maker SpaceX ​is planning to price its blockbuster initial public offering as early as June 11 and has ‌picked Nasdaq as ⁠its ⁠listing venue, people familiar with the matter told ​Reuters on Friday.

SpaceX has accelerated its IPO timeline and ​is now aiming to flip its prospectus public as early as next Wednesday, with ​a roadshow launch targeted for ⁠June 4 ‌and a market debut ​as early as ​June 12, according to three ⁠people familiar with the matter.

The accelerated ​schedule pulls forward a process ​that had originally been planned for around late June, around Elon Musk's birthday, the people said, asking not to be identified because the discussions are private. A ‌faster-than-expected SEC review of the company's filing partially drove the timeline forward, they ​added. Reuters was ​first to ⁠report in March that SpaceX was leaning toward listing its shares on Nasdaq, as it sought ​early inclusion on the Nasdaq 100 index.


SpaceX did not immediately respond to requests for comment. Nasdaq declined to comment.