SpaceX IPO is in full swing—could it be listed under the ticker symbol SPCX?

SpaceX IPO is in full swing. Bloomberg ETF analyst Eric Balchunas noted that Tuttle Capital has changed the stock ticker of its ETF from “SPCX” to “SPCK,” a move that has been interpreted as transferring the ticker to SpaceX, which is about to conduct an initial public offering (IPO).

It looks like Elon is going to use $SPCX as the ticker for SpaceX’s IPO, which he had to acquire from Matt Tuttle, hence the ETF’s ticker change shown below. We predicted this could happen in Dec note. Nice catch by Will, who famously ‘gave’ $META ticker to Zuck. Game recognizing game.

— Eric Balchunas (@EricBalchunas) April 7, 2026

SpaceX IPO in full swing

After SpaceX recently merged with the AI startup xAI, it is actively preparing for an initial public offering (IPO). SpaceX’s listing process is now in the most core underwriting and pricing stage. According to publicly available market information, the lead underwriter banks have begun investor roadshows (Roadshow) in major financial centers such as New York and London, in order to test how receptive large institutional investors are to its target valuation. If the deal moves forward smoothly, the maximum amount to be raised is expected to reach seven hundred fifty billion dollars, which could become the largest-scale listing deal in global history.

Tuttle Capital changes the ETF ticker—SPCX is expected to make way for SpaceX

Bloomberg ETF analyst Eric Balchunas noted that Tuttle Capital has changed the stock ticker of its ETF from “SPCX” to “SPCK,” a move that the market has interpreted as transferring the ticker to SpaceX, which is preparing for an initial public offering (IPO). In fact, Balchunas boldly predicted as early as last December that Musk was very likely to buy the SPCX ticker from Tuttle Capital. Tuttle Capital is known for issuing attention-grabbing thematic ETFs, and the ticker symbols it chooses are typically highly memorable within the community.

Earlier, Zuck also bought the “META” ticker from Roundhill in 2022. Premium four-digit tickers are scarce resources in the U.S. market. For SpaceX, which is about to go public, securing “SPCX,” a ticker with intuitive associations, can greatly reduce investors’ search costs and strengthen brand recognition. In essence, this kind of ticker transfer reflects how much companies value social buzz and community mindshare.

SpaceX plans to reserve IPO allocations for retail investors

In traditional large IPO deals, the vast majority of underwriting allocations are typically prioritized for large institutional investors and high-net-worth clients. However, SpaceX CFO Bret Johnsen said in early April during an internal closed-door online meeting with global investment banks that retail investors will be a key participant in this listing. The management team intends to keep 20% to 30% of the shares for the general public, and to assign different investment banks to handle retail sales in specific markets, implementing a rigorous regional division of labor. This move is not only about rewarding the investing public that has supported SpaceX’s vision in the long run, but also demonstrates the company’s innovative fundraising thinking—trying to convert community consensus and retail liquidity into long-term capital backing.

A highly recognizable stock ticker also has a clear promotional effect on attracting retail investors. An easy-to-remember ticker can effectively increase retail participation in the market and improve capital-flow liquidity.

Could this article—SpaceX IPO in full swing—be set to go public under the ticker SPCX?—first appeared on Chain News ABMedia.