SpaceX's IPO Filing Could Mean A Tesla Merger

SpaceX officially filed to raise $74.4 billion in its upcoming IPO, targeting a share price of $135 and selling approximately 555.6 million shares — implying a valuation of roughly $1.75 trillion. If underwriters fully exercise their overallotment option, the total offering size could reach approximately $85.7 billion. But the most significant development may not be the size of the deal. In an amended registration statement filed June 1, SpaceX added a single new sentence on page 51, stating it "may issue a significant amount of equity in connection with future transactions." Wall Street observers noted the language is too deliberate to be dismissed as routine filing language. The sentence has renewed speculation that SpaceX could pursue a merger with Tesla — a deal that, if structured based on current market caps, would represent the largest merger in history. SpaceX is also under contract to acquire AI coding assistant Cursor in an all-stock deal valued at $60 billion. If SpaceX cancels, it has agreed to pay $10 billion in breakup and service fees, making the acquisition appear highly likely. The amended filing also reserves 5% of IPO shares — roughly $3.75 billion worth — for employees, business partners, and friends and family of executives. Unlike Musk and senior leadership, who face a one-year lockup, these recipients are free to sell immediately after the IPO debut, slated for mid-June. Space-themed ETFs have surpassed $5 billion in total assets for the first time, with the Tema Space Innovators ETF (NASA) up nearly 50% since March. Prediction market bettors are pricing in a SpaceX valuation of up to $2 trillion post-IPO. #SpaceX #ElonMusk #SpaceXIPO 🖥️ Try Benzinga Pro FREE with a 14 day trial: https://www.benzinga.com/pro/register 📈 Take your trading to the next level with our suite of premium research services and tools: https://www.benzinga.com/services 🌐 Find more market-moving insights at https://www.benzinga.com — your one-stop destination for the latest financial news, data, and expert analysis to stay ahead of the markets. 📲 Follow us on socials @benzinga ------------------------------------------------------------------------------------ 🔹Free Benzinga Webinars: https://www.youtube.com/watch?v=LQ2jOJNkDfI&list=PL4k0fH8EgI3YTdqniRmxrvz97w3IQ61rD 🔹Benzinga Pro Tutorials: https://www.youtube.com/watch?v=a2FaHhLIrks&list=PL4k0fH8EgI3YMwoBMFXGvVMkgixFymmei&pp=gAQB 🔹Earnings Calls: https://www.youtube.com/watch?v=C2-AoCw64Ok&list=PL4k0fH8EgI3buZI5529R53wJUNd9NS4_s 🔹Premarket Playbook: https://www.youtube.com/playlist?list=PL4k0fH8EgI3ZVRPM7INpG--GvohnBVTnT 🔹Benzinga's All Access: https://www.youtube.com/playlist?list=PL4k0fH8EgI3bQSn91atO-3lPT4V6Nwsmh 🔹Subscribe To The Channel: https://www.youtube.com/@Benzinga ------------------------------------------------------------------------------------ ⚠️ Disclaimer: Investing in financial markets carries risk, and there are no guaranteed returns. All information is for educational purposes only and should not be taken as financial advice. Always do your own research and speak with a qualified financial advisor before making investment decisions. Only invest what you can afford to lose. Past performance does not guarantee future outcomes. #StockMarket #StockMarketNews #Trading #StockMarketLive #Stocks #stocktrading #learntotrade #DayTrading #StockMarketToday