SpaceX IPO Targets $75B in June; Index Funds Could Need to Buy 19-24% of Shares

According to Bloomberg analyst Rob Du Boff, SpaceX's planned June IPO at a $1.75–2 trillion valuation could force passive index funds to purchase up to 24% of public shares within six months following inclusion in major indices. S&P 500 funds alone may need to buy approximately 19% of the float, with additional purchases from Russell 1000 and Nasdaq 100 trackers. The company filed confidentially with Nasdaq under ticker symbol SPCX, targeting a June 12 launch date and raising up to $75 billion at a reference price of around $195 per share.

SpaceX holds 18,712 Bitcoin valued at approximately $1.3–1.45 billion, exceeding Tesla's current Bitcoin treasury. About 30% of the IPO offering will be allocated directly to retail investors through platforms including Robinhood, Fidelity, and Charles Schwab.