Markets face a packed agenda in the days ahead, with investors preparing for a potentially record-breaking SpaceX IPO, crucial U.S. inflation figures, a European Central Bank policy decision, and earnings reports from technology giants Oracle and Adobe that could offer fresh…
sight into the strength of the artificial intelligence theme. 1. SpaceX prepares for landmark market debut SpaceX (NASDAQ:SPCX) is expected to launch its long-awaited initial public offering this week, with Elon Musk’s space and satellite company aiming to raise a record $75 billion in a transaction that would value the business at approximately $1.75 trillion
According to Reuters, pricing is expected on June 11, with trading on the Nasdaq likely to begin the following day. The flotation could cement Musk’s status as the world’s first trillionaire and has been described by some analysts as a significant investment opportunity tied to both Musk and the artificial intelligence sector. SpaceX recently acquired xAI, the AI company behind the Grok chatbot.
Determining an appropriate valuation remains challenging. Reuters reported that SpaceX generated revenue of $18.67 billion in 2025, up 33% from the previous year, but recorded a net loss of $4.94 billion. Commenting on the IPO, Seraphim Space said it represents a “significant milestone for the global space sector, marking its transition from a future-facing theme into an established, investable asset class within public markets.” 2.