SpaceX, led by Elon Musk, is reportedly favoring a Nasdaq listing, contingent on swift inclusion in the Nasdaq 100 index. Sources familiar with the matter revealed that SpaceX aims to be part of the index soon after its potential IPO, which could occur as early as June. The New York Stock Exchange is also competing for the listing, but no final decision has been made. Nasdaq recently proposed a rule to expedite the inclusion of large newly listed companies in the Nasdaq 100. If a company's market cap ranks among the top 40 of the index, it could be included within a month of listing. SpaceX is targeting a valuation of $1.75 trillion, potentially making it the sixth-largest U.S. company by market cap.