Elon Musk’s SpaceX lines up retail investors for record IPO allocation
Up to a quarter of the rocket builder’s $75bn float will be set aside for individual investors
Elon Musk’s SpaceX lines up retail investors for record IPO allocation Elon Musk’s SpaceX is planning an Initial Public Offering (IPO) with a valuation of $75 billion. The company intends to allocate up to 25% of its shares to individual investors. This move could set a new precedent for retail investor participation in major public offerings.
- SpaceX is preparing for an IPO with a $75 billion valuation.
- Up to a quarter of the company’s shares will be reserved for individual investors.
- This allocation could be a record for retail investor involvement in an IPO. Continue reading https://www.ft.com/content/3cf5aed7-1a57-44ad-b9bc-11c779a5d2de
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