Elon Musk's SpaceX Moves Closer To IPO, Sets June Timeline For Roadshow

SpaceX plans a historic IPO with heavy retail investor participation, aiming for a $1.75 trillion valuation and reshaping traditional public offerings.

SpaceX is reportedly preparing its IPO draft norms as it moves closer to what could become the largest public offering ever. In a recent virtual discussion with its banking partners, the company revealed plans to significantly expand participation from everyday investors, an approach rarely seen at this scale. According to a Reuters report citing sources familiar with the matter, the aerospace giant intends to reserve a substantial chunk of shares for retail buyers.