---
title: "Gary Black sees SpaceX IPO pop despite $2T valuation risk"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287550573.md"
description: "SpaceX plans to debut on Nasdaq on June 12 under ticker SPCX, aiming to raise $75 billion at a $2 trillion valuation. New Nasdaq rules may allow its inclusion in the Nasdaq 100 within 15 trading days, prompting significant fund purchases. Gary Black cautions about high valuations and lack of profits, while others highlight the potential in AI and space markets."
datetime: "2026-05-25T20:23:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287550573.md)
  - [en](https://longbridge.com/en/news/287550573.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287550573.md)
---

# Gary Black sees SpaceX IPO pop despite $2T valuation risk

IPO date set: SpaceX aims for a June 12 Nasdaq debut under ticker SPCX, potentially raising $75 billion at a $2 trillion valuation. Index fast-track: New Nasdaq rules could add SpaceX to the Nasdaq 100 within 15 trading days, forcing billions in fund purchases. Valuation debate: Gary Black warns of extreme multiples and lack of profits, while bullish voices see massive AI and space market potential.

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