SpaceX is counting down to the Initial Public Offering. And the next 45 days are going to move fast.
There’s still time to invest in Elon Musk’s next IPO – before it starts trading. But you must move quicky.
Today I want to share my best estimate of the full timeline – so you know exactly what to watch.
April 1 — Confidential filing. SpaceX filed its draft S-1 with the SEC. The agency reviews the documents privately, gives feedback, and the company makes revisions — all before the financials are publicly available. The clock started on April 1.
April 21–23 — Analyst Day. SpaceX held three days of closed-door meetings with Wall Street analysts and institutional investors. Think of it as the warm-up before the main event — management lays out the long-term growth story and gives the institutional crowd a first look at the deal.
May 15–22 — Public S-1 filing. This is the next major milestone, and it could arrive any day now. SEC rules require the prospectus to be on file at least 15 calendar days before any roadshow marketing can begin. Since the roadshow is targeting the week of June 8, May 22 is effectively the deadline. When this drops on EDGAR, we'll finally have audited revenue figures, margin data, and a full look at the governance structure.
Week of June 8 — Roadshow begins. This is the marketing push — bankers and executives pitching to institutional investors and fund managers. The week of April 20, SpaceX already gave a preview of sorts, flying fund managers to Starbase in Texas for a tour. The formal roadshow kicks off June 8 and will likely run one to two weeks.
June 11 — Retail Investor Day. SpaceX is reportedly planning a dedicated event for approximately 1,500 retail investors, expected on June 11. This is tied directly to Musk's push to allocate up to 30% of the IPO to individual investors — a figure well above the typical 10%. If that holds, it would be genuinely unusual for a deal this size.
June 18–30 — Estimated IPO date. This is the current consensus window for SpaceX to price and begin trading. One week after Investor Day puts the earliest realistic date around June 18.
One more date to keep in mind: the lockup period ends around December 15–27, 2026. That's when insiders and early employees can begin selling. It's usually when volatility picks back up after the post-IPO honeymoon.
A few things could shift this timeline — SEC comment letters, market conditions, or last-minute amendments. But as of today, nothing in the reporting suggests any delays.
Prediction markets are pricing roughly 79% odds of an IPO before July 1.
The “smart money” investors on Wall Street and in Silicon Valley have already secured shares in SpaceX. Now it’s your turn to invest before the stock trades on Nasdaq.
Here’s a link – before it’s too late.
Ian Wyatt
Editor, IPO Watch