Caixin: SpaceX's IPO may have a free-floating market value between $440 billion and $530 billion on its first day
Caixin published an article titled "SpaceX's $1.75 Trillion IPO is Coming: Who Can Buy and Is It Worth It?" which pointed out that Wall Street has never encountered an IPO of such a massive scale that is also so intricately linked to the U.S. government.
Previously, Nasdaq had approved a new rule for "Fast Entry," allowing newly listed companies to be quickly included in the Nasdaq 100 if their market capitalization ranks in the top 40 of the Nasdaq 100 index within 15 trading days after listing. This rule will officially take effect on May 1, 2026, and is considered to be designed with the upcoming SpaceX listing in mind, while also paving the way for potential listings of OpenAI and Anthropic within 2026 or 2027.
Assuming SpaceX lists with a valuation of $1.75 trillion and a free float ratio of 25% to 30%, the free float market capitalization on the first day of the IPO would be approximately between $440 billion and $530 billion. Based on the weight calculations for the Nasdaq 100, SpaceX would directly enter the top ten weighted stocks. Market news indicates that S&P 500 is also evaluating some form of "Fast Entry" plan, with details yet to be disclosed.
You may also like
340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by
Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play
Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip
Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed
Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions
A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI
When American giants collectively "defect" from Chinese AI models
BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.

