<div id="readability-page-1"><div>AST SpaceMobile, EchoStar, and Rocket Lab moved higher in premarket trading in New York after Elon Musk, speaking by video at the Samson International Smart Mobility Summit on Monday, said a SpaceX IPO is coming &#34;pretty soon,&#34; adding to investor hype around the publicly traded space industry.&#34;We've got to get the SpaceX IPO stuff going here pretty soon,&#34; Musk told the summit, which was taking place in Tel Aviv, via video call.<blockquote><div dir="ltr" lang="en">Elon: &#34;I would be there in person, but we gotta get this @SpaceX IPO going pretty soon.&#34;👀🚀 https://t.co/6uwiDKS9of pic.twitter.com/yGVMTm7qmg</div>— Sawyer Merritt (@SawyerMerritt) May 18, 2026</blockquote>Shares of EchoStar were up about 3.5% in premarket trading. AST SpaceMobile and Rocket Lab also moved higher by about 2.5% after Musk's comments earlier today.<img width="500" height="281" src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/HCHb8d8bYAAykux_0.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://files.zhedge.com/cdn-cgi/image/width=1920,quality=75,format=auto/https://assets.zerohedge.com/s3fs-public/inline-images/HCHb8d8bYAAykux_0.jpg"/>On Friday, Reuters reported that SpaceX has selected Nasdaq for its long-awaited IPO and is targeting a June 11 pricing date, followed by a June 12 debut under the ticker &#34;SPCX.&#34;The Polymarket bet on SpaceX's symbol &#34;SPCX&#34; has hit 93%.<figure id="polymarket-will-spacexs-public-ticker-be-another-ticker-745"><figcaption>Will SpaceX's public ticker be another ticker? Yes 93% · No 7% View full market &amp; trade on Polymarket.</figcaption></figure>In April, SpaceX confidentially filed for an IPO with the SEC and is planning to disclose its prospectus as soon as next week, according to CNBC.SpaceX's IPO could raise upwards of $75 billion for the rocket company and dwarf Saudi Aramco's $29 billion debut in 2019. The money raised would be used to fund an &#34;insane flight rate&#34; for the Starship rocket and to push ahead with deploying orbital data centers in low Earth orbit. The company's valuation stands at around $1.75 trillion.Other IPOs to watch in the second half include chatbot startups, such as OpenAI and Anthropic.</div></div>

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Space stocks, including AST SpaceMobile, EchoStar, and Rocket Lab, surged in premarket trading following Elon Musk's comments about a forthcoming SpaceX IPO. Musk stated at the Samson International Smart Mobility Summit that the IPO is expected 'pretty soon.' SpaceX has reportedly chosen Nasdaq for its IPO, targeting a June 11 pricing date. The IPO could raise over $75 billion, significantly surpassing Saudi Aramco's debut. SpaceX's current valuation is approximately $1.75 trillion.

Space Stocks Take-Off On Musk's SpaceX IPO Comments