SpaceX picks Nasdaq as listing venue for its IPO, according to reports, citing sources; SpaceX to price initial public offering as early as June 11, set to list shares on June 12; set to trade under ticker 'SPCX'

SpaceX's decision to list on Nasdaq under the ticker 'SPCX' for its IPO marks a significant event, highlighting investor confidence in the space sector amidst a competitive landscape. The timing, with shares set to trade on June 12, indicates that SpaceX aims to capitalize on current market conditions, potentially influencing broader sector sentiment and valuations, especially for tech and aerospace stocks.