Elon Musk's company SpaceX was exposed to a tendency to list on the Nasdaq and has requested "fast inclusion" in the Nasdaq 100 index.

According to four informed sources, Elon Musk's rocket and satellite company SpaceX is leaning towards going public on the NASDAQ, which could be the largest IPO in history. Two of the sources mentioned that SpaceX aims to quickly join the NASDAQ 100 index and see this as a necessary condition for listing on this mainstream tech stock exchange. They emphasized that SpaceX's plans for going public are still subject to adjustments. Several other sources mentioned that the New York Stock Exchange is also vying for this listing, but both exchanges have not received SpaceX's final decision yet. Earlier reports suggested that SpaceX may launch its IPO as early as June this year. The NASDAQ 100 index, compiled by NASDAQ (NDAQ.US), is considered a top blue-chip stock index by large institutional investors and serves as a barometer for the performance of most large publicly traded companies globally. Component stocks include tech giants like NVIDIA Corporation (NVDA.US), Apple Inc. (AAPL.US), Amazon.com, Inc. (AMZN.US), among others. The index rose by approximately 21% last year, with a slight decrease so far this year. Last month, NASDAQ proposed a new rule that could shorten the time for mega-cap companies to join the NASDAQ 100 index. This amendment aims to attract high-valued, unlisted companies like SpaceX, Anthropic, and OpenAI to list on the NASDAQ. The rule is not finalized yet and may take several months to take effect. Under the proposed "fast-track inclusion" rule by NASDAQ, if a newly listed company's market value ranks among the top 40 of the existing components of the NASDAQ 100 index, it can be quickly added to the index in less than a month. One source revealed that SpaceX's IPO target valuation is around $1.75 trillion, which would make it the sixth-largest market cap company in the U.S. based on the latest stock prices. Currently, newly listed companies typically have to wait up to a year to qualify for mainstream indices like the S&P 500 and NASDAQ 100, and must first demonstrate enough stability to attract large-scale institutional buying. Advantages of Inclusion in Indices Being included in blue-chip indices like the NASDAQ 100 and S&P 500 allows companies to attract institutional investors with substantial funds, who typically heavily invest in their index funds, helping broaden shareholder base and gradually increase stock liquidity. Although the NYSE also has similar indices tracking the top 100 largest U.S. stocks, the focus is lower, making inclusion in the NASDAQ 100 especially crucial for mega-cap IPOs. For company management and early investors, increased liquidity can help mitigate the impact of large sell-offs on the stock price after the IPO lock-up period (usually 90-180 days), although it does not entirely prevent pressure from internal selling. As of writing, SpaceX has not commented on the news. In February, reports suggested that SpaceX's advisory team had been in touch with major index providers like NASDAQ to discuss early inclusion in core indices. SpaceX's IPO is expected to be a highlight of the recent IPO frenzy years. Currently, many well-known venture-backed companies and startups, including OpenAI and Anthropic, are preparing for their listings.