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SpaceX targets up to a quarter of its $75bn IPO for retail investors

1 min read
Source: Financial Times
SpaceX targets up to a quarter of its $75bn IPO for retail investors
Photo: Financial Times
TL;DR

SpaceX plans the largest retail allocation ever in a megacap IPO, potentially reserving up to 25% of its $75bn float for individual investors via five online brokerages, as Elon Musk pushes broad access for retail buyers; final retail share will depend on demand and could signal a shift in how big IPOs allocate shares.

Topics:businessmarkets#ipo#markets#retail-trading#space-industry#spacex#us-equities
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  1. Elon Musk’s SpaceX lines up retail investors for record IPO allocation  Financial Times
  2. SpaceX launches IPO website for retail investors as it seeks record $75 billion in public offering next week  Yahoo Finance
  3. Index Funds Make Room for More SpaceX Shares  Barron's
  4. Elon Musk's net worth poised to sail past $1 trillion in SpaceX IPO  CNBC
  5. Exclusive: SpaceX tells banks it won't move its $135-a-share IPO price  Reuters

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