(CNA New York, May 15, Comprehensive Foreign Report) People familiar with the matter told Reuters today that SpaceX, the American space exploration technology company founded by Elon Musk, is planning to price its initial public offering (IPO) as early as June 11 and list on June 12, having selected Nasdaq as the exchange.
Three sources stated that SpaceX has accelerated its IPO process, aiming to publicly file its prospectus as early as May 20, with plans to launch a roadshow on June 4 and officially begin trading as early as June 12.
The sources said that the accelerated process is ahead of the original plan, which was anticipated for around the end of June.
Sources who requested anonymity because the discussions are private said that a faster-than-expected review of SpaceX's filings by the U.S. Securities and Exchange Commission (SEC) was also a reason for advancing the timeline.
SpaceX did not immediately respond to a request for comment, and Nasdaq declined to comment. (Translator: Hsu Jui-cheng) 1150516
FACT BOX
- Source: CNA (Central News Agency)
- Category: Funding
- Organizations: Nasdaq