Austin, Texas – Governor Greg Abbott is marking SpaceX’s dual listing on Nasdaq and Nasdaq Texas as a major win for the state’s growing role in technology, finance and space innovation.
Read also: Houston and Dallas-Fort Worth help power Texas past California in Fortune 500 count
The company, trading under the ticker SPCX, is listing on both Nasdaq and Nasdaq Texas as part of its historic initial public offering. For Texas, the move carries a larger meaning. It ties one of the world’s most closely watched space companies directly to the state’s emerging capital markets while keeping the company anchored in the place it calls home.
“SpaceX embodies the bold spirit that defines Texas,” said Governor Abbott. “Its decision to dual-list on Nasdaq Texas and the main Nasdaq exchange strengthens our economy, creates high-skill jobs, and further shows that our state stands as a world-class hub where innovation meets global capital. Texas is the premier place for companies that shape the future.”
SpaceX’s connection to Texas is already deep. The company has its headquarters and Starbase in the Rio Grande Valley, where its work has become a symbol of the state’s push to attract advanced industries. The dual listing now adds another layer to that story, placing Texas not only at the center of spaceflight activity, but also closer to the financial stage where global investors meet major public companies.
Nasdaq Texas officially launched earlier this year with its first group of dual-listed companies. With SpaceX now joining that platform, the exchange gains its most prominent listing yet and becomes, by a wide margin, the largest listing venue in Texas.
Rachel Racz, senior vice president and head of listings for Texas at Nasdaq, called the announcement a defining moment for the company, the state and American innovation.
“Today marks a defining moment — for SpaceX, for American innovation, and for Texas, the company’s home state,” Racz said. “SpaceX’s listing on Nasdaq and Nasdaq Texas cements the state’s standing as a world-class hub for transformative companies, and this marquee dual listing is a powerful demonstration of what becomes possible when global liquidity and local alignment converge.”
The listing also sends a clear signal about Texas’ larger ambitions. State leaders have spent years promoting Texas as a home for companies building the next generation of technology, energy, aerospace and financial systems. SpaceX’s decision gives that message new weight.
For Abbott, the moment is more than a business announcement. It is another marker in Texas’ campaign to prove that companies can grow locally, hire highly skilled workers, reach global investors and still keep their roots firmly planted in the state.
