economy
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
TL;DR
- 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.