SpaceX has submitted paperwork for a highly anticipated IPO that could make Elon Musk’s space giant the first U.S. company to go public at a valuation above $1 trillion.

Statistically, since 1980, companies that have conducted forward stock splits have handily outperformed the benchmark S&P 500 in the 12 months following their split announcement.

As SpaceX gears up for its IPO in June, an expert has voiced concerns about potential trading volatility amid the influence of founder and top boss Elon Musk. University of Florida finance professor Jay Ritter told Forbes that an

IPO surges 13%+ on debut; see IPO proceeds, unit redemption plans, debt repayment and corporate uses—read the full update.

While what could be the largest IPO on record looms, two smaller publicly traded space names have quietly built real revenue and accelerating customer demand.

The stock is garnering plenty of positive ratings on Wall Street after last month’s IPO.

After a highly anticipated run-up, shares of Cerebras Systems (CBRS) debuted on May 14 with one of the craziest AI initial public offering (IPO) debuts ever seen in the markets. Demand for CBRS stock was simply incredible amidst all of the ongoing enthusiasm around next-gen AI infrastructure.

Intuitive Machines (NASDAQ: LUNR) stock, the company that returned America to the moon in 2024 and that reported soaring sales last week, jumped nearly 14% out of the gate this morning before reversing and giving back all its gains.