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SpaceX IPO to offer $20B+ in shares to retail investors

SpaceX is set to launch its initial public offering, aiming to raise at least $75 billion by selling over 555 million shares at $135 each, valuing the company at over $1.75 trillion. A significant portion, up to 30%, will be reserved for retail investors, totaling over $20 billion in shares. Major brokerages like Robinhood, Fidelity, and Charles Schwab will facilitate these retail investments, with varying account minimums and allocation processes that do not guarantee share acquisition. AI

IMPACT Sets a new benchmark for private space company valuations and retail investor access in mega-IPOs.

RANK_REASON This is a major IPO event for a high-profile company, involving significant capital raise and broad investor participation. [lever_c_demoted from significant: ic=1 ai=0.1]

Read on Fortune →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

SpaceX IPO to offer $20B+ in shares to retail investors

COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Jason Ma ·

    How retail investors can participate in the SpaceX IPO

    The SpaceX IPO is expected to price Thursday evening, with shares trading Friday on the Nasdaq under the ticker SPCX.