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 Summary

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.

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