Have you been following what's happening with SpaceX right now? There is some interesting movement around its IPO project.



According to several well-informed sources, SpaceX is clearly leaning towards listing on the Nasdaq rather than the NYSE. And that's no small thing: Musk's company is aiming for quick inclusion in the Nasdaq 100 index, which would be almost a prerequisite to speed up the process.

The timing is peculiar. Nasdaq has just proposed a new rule to accelerate the entry of newly listed large companies into its index. Specifically, if a newly listed company ranks among the 40 largest market caps in the Nasdaq 100, it can be included in less than a month after its IPO. This is an unprecedented measure.

SpaceX is targeting a valuation of around 1.75 trillion dollars for this IPO. Just to give you an idea of the scale, that would make it the sixth most valuable company in the United States. That's huge.

The NYSE is also trying to get this deal, but for now, nothing is final. Both exchanges are still waiting for the final decision. And Nasdaq's rules for this accelerated inclusion are not yet set in stone either.

This kind of move shows how the stock exchange is adapting to attract mega-deals. SpaceX going public will be a major market event when it actually happens.
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