SpaceX accelerated its IPO timeline on Friday, targeting a June 12 Nasdaq debut under the ticker SPCX and a public prospectus release as early as May 21 — weeks ahead of schedule — as the rocket and satellite company seeks to raise up to $75 billion at a valuation above $2 trillion in what would be the largest initial public offering in history. The acceleration, reported by Reuters on May 16, comes as three of the largest U.S. public pension funds publicly challenged SpaceX's governance structure this week, warning that the offering would give CEO Elon Musk permanent, near-unchecked control over a company whose shares could be forced into the retirement accounts of millions of Americans within days of listing.
