SpaceX IPO may allocate 30% to retail investors as Musk restructures X with job cuts

Source: Elon Musk is discussing allocating as much as 30% of SpaceX's IPO to individual investors, at least three times the usual retail slice (Reuters)

Reuters: Source: Elon Musk is discussing allocating as much as 30% of SpaceX's IPO to individual investors, at least three times the usual retail slice — Elon Musk is discussing allocating as much as 30% of SpaceX's initial public offering to individual investors — at least three times the usual…

Elon Musk says he will give retail investors 30% of SpaceX’s IPO

Elon Musk is working on a plan to give retail investors as much as 30% of SpaceX when the company goes public, which is far above the usual 5% to 10% that regular investors get in most IPOs. According to Reuters, the plan is being discussed as SpaceX prepares for a listing that could value the company close to $1.75 trillion. The idea was shared with banks by SpaceX CFO Bret Johnsen, who has reportedly told Wall Street firms how the deal could b…

SpaceX IPO may allocate 30% to retail investors as Musk restructures X with job cuts

SpaceX may allocate up to 30% of its IPO to retail investors as Elon Musk restructures X with layoffs ahead of a potential $1.75T valuation. The post SpaceX IPO may allocate 30% to retail investors as Musk restructures X with job cuts appeared first on Crypto Briefing.