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Space rockets, satellites, data centers and Grok: What's the right S&P sector index for SpaceX?

CNBC · May 24, 2026, 8:19 PM · Also reported by 1 other source

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  • Space X is on the verge of going where no initial public offering has ever gone before.
  • The company, created and led by Elon Musk, is targeting a stratospheric valuation of $1.75 trillion on the Nasdaq Stock Market.

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Space X is on the verge of going where no initial public offering has ever gone before.

The company, created and led by Elon Musk, is targeting a stratospheric valuation of $1.75 trillion on the Nasdaq Stock Market. Space X may be fast-tracked into broadly held indexes like the Nasdaq 100 and S&P 500 at light speed.

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