According to people familiar with the matter, E*Trade is in discussions with SpaceX to lead the sale of SpaceX shares to U.S. retail investors in its IPO scheduled for later this year. While Robinhood and SoFi have vied for participation, SpaceX is considering excluding both. Lead underwriter Morgan Stanley is expected to allocate a portion of shares for U.S. small retail investors through the E*Trade platform, with Fidelity Investments also vying for distribution opportunities.
