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Elon Musk’s aerospace giant SpaceX’s planned Wall Street debut in 2026 has sparked buzz, with cryptocurrency bettors speculating on its stock ticker symbol.
As of this writing, the highest odds, roughly 23%, were in favor of the company debuting with the “$X” ticker, according to Polymarket.
“$SEX” was the second most favored ticker option with a probability of 16%, followed by “$SX” with 13%.
Interestingly, Tesla Inc. (NASDAQ:TSLA) is famous for its “S3XY” electric vehicle lineup as the company failed to secure the “Model E” trademark from Ford Motor Company (NYSE:F) and instead opted for “Model 3.”
SpaceX’s official announcement that they will IPO under a certain ticker symbol will be needed to resolve this market.
Meanwhile, Polymarket bettors gave the $1.5 trillion-valued company an 81% chance of going public in 2026, while Kalshi users bet a 57% chance that the IPO would be announced before August 2026.
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Polygon (CRYPTO: POL)-based Polymarket lets users bet on outcomes using the USDC (CRYPTO: USDC) stablecoin. Previously barred from operating in the U.S. due to regulatory issues, the startup is making a phased return.
SpaceX executives have signaled that the company is targeting an IPO in late 2026 after remaining private for nearly 25 years. The company is initiating a secondary share sale, aiming for a $800 billion valuation.
Reports have pegged a potential SpaceX IPO as high as an estimated $1.5 trillion — potentially making it the biggest stock market debut ever.
Musk, who founded SpaceX in 2002, could potentially see his wealth more than double and reach nearly $1 trillion if the firm completes the IPO next year.
Photo Courtesy: Tada Images on Shutterstock.com
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