V062-EEUU MUSK PRESENTACION SPACE X EN BOLSA

The frenzy for SpaceX shares will kick off on Friday (June 12) when the Elon Musk-led company makes its long-awaited Nasdaq debut, testing whether unprecedented investor demand can translate into a blockbuster opening for the world's biggest IPO.

Days of hoopla around the debut now turn to what will be one of the biggest tests of Wall Street's trading infrastructure in years, with exchanges, market makers and underwriters bracing for extraordinary order volumes after the company sold $75 billion in shares, immediately valuing it at $1.77 trillion, making it one of the largest U.S. companies.

Exchanges and trading firms are keen to avoid the technical mishaps that marred Meta's 2012 debut. With SpaceX widely viewed as a dress rehearsal for a new generation of mega-listings, market participants will also be watching for signals on investor appetite ahead of forthcoming IPOs for AI heavyweights Anthropic and OpenAI.

Shares will likely not trade until the middle of the trading day, as the exchange collects buy and sell orders and underwriters delay trading until supply and demand is balanced.

SpaceX President Gwynne Shotwell and Chief Financial Officer Bret Johnsen rang the Nasdaq opening bell at 9:30 a.m. ET (1330 GMT).

The landmark listing cemented Musk's status as the first trillionaire ever and propelled SpaceX into the ranks of the world's most valuable companies - even though the firm posted a loss of nearly $5 billion last year and generated only a fraction of the revenue brought in by similarly valued tech giants.

"I gave SpaceX a 10% chance of succeeding at all," Musk said in Texas, shortly before the opening bell.

The stock's performance will also be a test for the so-called "Musk premium," which has been the force behind Tesla's $1 trillion-plus valuation, despite coming under pressure during Musk's active role in President Donald Trump's administration.

The record IPO is a culmination of Musk's long-held ambitions in space and technology, and has stood out for rewriting Wall Street's IPO playbook and drawing legions of retail investors into the market.

At $75 billion, the deal's proceeds were more than double those of Saudi Aramco's record-setting 2019 IPO. It is set to make SpaceX the first U.S. trillion-dollar debut and the seventh-largest U.S. company by market capitalization.

The valuation could rise further should underwriters exercise their right to sell additional shares, a decision typically made within 30 days after the offering.

Although SpaceX may have to wait for entry into the S&P 500, its expected fast-track inclusion in the Nasdaq 100 will soon make it a major holding for passive funds and ETFs that track the index, creating a fresh source of demand for its shares.

It will take about a month before it gets added to that index under Nasdaq's new fast-entry rules, as opposed to a typical wait of as much as a year.

Some analysts expect SpaceX's debut to trigger a reshuffling of investor portfolios, creating selling pressure on other technology heavyweights as funds rotate into the stock

DESCRIPCIÓN DE IMÁGENES

SHOWS: STARBASE, TEXAS, UNITED STATES (JUNE 12, 2026) (NASDAQ – Access all)

1. EXTERIOR OF SPACEX OFFICIAL CORPORATE HEADQUARTERS

2. VARIOUS OF SPACEX CEO ELON MUSK AND EMPLOYEES CHEERING

3. (SOUNDBITE) (English) SPACEX CEO ELON MUSK, SAYING:

“I gave SpaceX less than a 10% chance of succeeding at all, to be clear. In fact, I told people this, I was like, we're probably going to fail, but, you know, we should give it a try, because if we don't, if there's not a new company that enters space, we will never be a truly space-faring civilization. You know, while the other aerospace companies, they build good rockets and everything, they were simply not pursuing the technology that is necessary to make life multi-planetary…. to make Star Trek, to make the big, exciting science fiction futures that we've read about real. And that's what SpaceX is all about, is to take the fiction out of science fiction and create an exciting, inspiring future for everyone.”

4. (SOUNDBITE) (English) SPACEX CEO ELON MUSK, SAYING:

“SpaceX wants to be able to take you to the moon, take you to Mars, and ultimately beyond. And… And I'm confident at this point that with the incredible team that we have here at SpaceX that we will do that for you.” / APPLAUSE

5. SIDE VIEW OF MUSK SPEAKING

6. (SOUNDBITE) (English) SPACEX CEO ELON MUSK, SAYING:

“There are always problems on Earth. There are always problems on earth, there are always things that we wish to be better, that we want to solve here on earth. And we should solve them. But there also have to be things that get you excited about the future, that make you glad to wake up in the morning, because you can't wait to see what happens next. And that's the future that SpaceX wants to bring to you.”

7. PEOPLE APPLAUDING

NEW YORK, NEW YORK, AND STARBASE, TEXAS, UNITED STATES (JUNE 12, 2026) (NASDAQ – Access all)

8. SPLIT SCREEN SHOWING SPACEX CHIEF FINANCIAL OFFICER BRET JOHNSEN AND SPACEX PRESIDENT GWYNNE SHOTWELL RINGING OPENING BELL AT NASDAQ IN NEW YORK CITY AND SPACEX CEO ELON MUSK APPLAUDING IN STARBASE, TEXAS