SpaceX prepares for IPO, plans to allocate up to 30% of shares to retail investors, potentially the largest in history

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Odaily Planet Daily News: SpaceX is preparing for its initial public offering, expected to launch investor communication meetings hosted by company executives after Easter, and may submit a confidential IPO application as early as this month. The IPO could raise up to $75 billion, with a company valuation of $1.75 trillion, potentially making it the largest IPO in history.

Regarding the allocation structure, Elon Musk is considering distributing up to 30% of shares to retail investors, significantly higher than the 5% to 10% typically seen in traditional IPOs, to enhance post-listing stock stability. Reports indicate that the company has assigned different client and regional distribution responsibilities to underwriters. The specific timing and scale of the IPO have not yet been finalized. (Reuters)

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