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SPAC Linked to SpaceX, xAI Pulls In $200 Million as Wall Street Eyes Space

New York, June 5, 2026, 19:03 (EDT) FutureCorp Space Acquisition 1 has priced its $200 million IPO, bringing another space-and-defense SPAC to the New York Stock Exchange just as investors are piling into the sector ahead of a potential SpaceX listing. Units will begin trading under the ticker FTRAU, with shares and warrants to start trading later as FTRA and FTRAW, the company said. (GlobeNewswire) This is all about timing. Investors have piled in, with SpaceX attracting around $150 billion in demand for its IPO—double the $75 billion the company wants to raise, according to two sources cited by Reuters

The post SPAC Linked to SpaceX, xAI Pulls In $200 Million as Wall Street Eyes Space appeared first on Next Wave Wire.

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