SpaceX IPO momentum builds as Musk reshapes public markets. The space company plans April investor briefings ahead of a targeted June listing that could value the firm at $1.75 trillion, making it larger than all but five S&P 500 companies. Most notably, Musk is discussing allocating up to 30 percent of IPO shares to retail investors, triple the typical retail allocation. This unconventional approach aims to stabilize the stock after listing by leveraging Musk's investor base. The potential $75 billion offering would rank among history's largest IPOs. SpaceX has already held informal investor meetings and filed confidentially for the public debut. At its projected valuation, SpaceX would surpass Meta and Tesla in market value.
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