According to the latest reports, Elon Musk is contemplating allocating as much as 30% of SpaceX’s newly issued shares to individual investors. This move is seen as a strategy to leverage his passionate fan base to help stabilize the stock price following its public debut. Traditionally, in U.S. initial public offerings (IPOs), companies allocate only 5% to 10% of their shares to retail investors, and these shares are typically not subject to lock-up restrictions. Earlier reports suggest that SpaceX’s IPO could raise between $70 billion and $75 billion, with the company targeting a valuation of $1.75 trillion. Sources familiar with the matter indicate that all stakeholders anticipate SpaceX’s IPO will draw significant interest from retail investors. This group includes wealthy family offices that have been long-time supporters of Musk, as well as smaller retail investors who are drawn to his ambitious technological vision.
