BlockBeats News, May 15th, according to CNBC, SpaceX is planning to publicly release its IPO prospectus as early as next week, with the aim of starting a global roadshow on June 8th to formally introduce this transaction to investors. The company submitted its IPO application secretly in April this year.

This IPO is expected to be the largest in history. In February of this year, SpaceX completed a merger with xAI, an artificial intelligence company under Musk, with the post-merger entity reaching a valuation of $1.25 trillion. It is reported that the company aims to raise approximately $700 billion to $750 billion in its listing, more than double the record set by Saudi Aramco in 2019. The expected valuation for the SpaceX IPO has surged from $1.75 trillion to $2 trillion.

According to regulations, the prospectus must be made public at least 15 calendar days before the start of the roadshow, but SpaceX and its advisors hope to disclose it slightly earlier to give investors more time to digest the financial data. Due to the unprecedented scale of this stock offering, SpaceX's advisory team is exploring special sales channels, especially targeting retail investors outside the U.S. who tend to hold for the long term. They have been in touch with brokers from countries such as the UK, Japan, and Canada to secure allocation for their clients. In response to this news, shares of space and satellite concept stocks like Redwire, AST SpaceMobile, and Rocket Lab surged by 22.08%, 10.96%, and 6.77% respectively on the 14th.