Such rule changes would have accommodated SpaceX’s plan to only offer approximately 3 percent of its IPO shares to public investors, and the fact that SpaceX is currently unprofitable with a growing debt load that has reached $29 billion because of its spending spree on AI infrastructure.

SpaceX has been denied a fast track into the S&P 500 when the rocket and satellite company goes public, in a ruling that cuts off quick access to one of the biggest pools of Wall Street money.

Elon Musk’s space exploration company set a target price for buyers earlier than expected.

SpaceX's entry will take longer after S&P Dow Jones Indices declined to relax rules for megacap IPOs. Reuters U.S. M&A Editor-in-Charge Echo Wang examines the IPO and whether sky-high multiples are justified or reflect the so-called Musk premium.

Elon Musk’s rocket company, on the cusp of the largest initial public offering ever, will soon end up in index funds after rule changes by Nasdaq and other index providers.

SpaceX says it plans to raise up to $75 billion when it goes public this month in what could be the largest stock market debut ever, and it would put Elon Musk on course to becoming the first trillionaire.

SpaceX shared a 17-minute investor pitch from CFO Bret Johnsen for its upcoming IPO. He covers the rocket business, Starlink, AI, and more.

SpaceX will sell its shares for $135 apiece during its IPO, yielding a valuation of $1.77 trillion.

A SpaceX IPO could fundamentally change how investors perceive Tesla's stock.