The Nasdaq recently changed its rules, which will allow SpaceX to join the Nasdaq-100 after just 15 trading days.

Defiance ETFs is also preparing to launch its Defiance Daily Target 2X Long SpaceX ETF on June 12. The ETF aims to harness investor appetite for companies that have historically been private, as well as targeted exposure to high-profile companies.

“They've been the best company I've ever worked with in 45 years,” EchoStar president and cofounder Charlie Ergen said of SpaceX.

The long-term growth potential of the stock compares poorly to Elon Musk's other company, Tesla, for one key reason.

SpaceX IPO is significantly overvalued at $135, implying a ~$1.77T market cap versus a probability-weighted fair value of $91. Starlink is the core value driver, delivering $7.2B segment EBITDA in 2025 with a wide-moat, quasi-monopoly position and strong growth.

SpaceX is preparing to go public at a valuation of roughly $1.75 trillion— making it one of the most anticipated IPOs in recent history. For investors, the question is familiar but the stakes are new.

SpaceX has officially filed for its historic IPO. Discover the key details investors need to know about its valuation, revenue, and core risks before you buy.

While SpaceX’s anticipated public debut has Wall Street salivating over what could be the most consequential IPO in a decade, the historical record offers a sobering warning. The company filed its S-1 in May,