SpaceX IPO Aims for $75 Billion, Tokenized Shares Feel a Tiny Gravity Dip

Elon Musk’s SpaceX is inching toward a public debut that could make Wall Street’s rockets tremble. Insiders say the launch‑pad‑ready firm may file a confidential S‑1 with the SEC as soon as this week, eyeing a capital raise north of $75 billion and a market cap stamped between $1.5 trillion and $1.75 trillion. Retail astronauts could snag more than 20 % of the float, while the deal is being shopped to the usual heavyweight launch crew—Morgan Stanley, Bank of America, Goldman Sachs and JPMorgan Chase—with a June 2026 listing penciled in on the calendar.

In a parallel orbit, SpaceX’s tokenized stock on the secondary market took a modest tumble after the IPO chatter. PreStocks’ SPACEX token slipped 0.8 % to $681.74, wobbling between a 24‑hour low of $681.23 and a high of $699.50. Trading volume nosedived 31 % over the last day, and the price now lingers more than 22 % beneath its all‑time high—proof that even digital rockets can feel a little drag.

The tokenization trend is catching institutional fire, buoyed by the SEC’s green light for Nasdaq’s tokenized securities blueprint and similar moves from the likes of BlackRock, NYSE and Invesco. Meanwhile, SpaceX’s own balance sheet now lists a stash of 8,285.45 BTC—roughly $600 million at today