Elon Musk considers allocating 30% of retail shares for SpaceX IPO

LootboxPhobia · 2026-03-27T01:36:09+00:00

Elon Musk is considering allocating up to 30% of the SpaceX IPO to individual investors, far exceeding the typical allocation, in order to leverage its fan base to stabilize stock performance. This move differs from Wall Street norms and is expected to be one of the most notable IPOs.

LootboxPhobia

2026-03-27 01:36:09

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Investing.com – According to Reuters, citing sources familiar with the matter, Elon Musk is considering allocating up to 30% of SpaceX’s initial public offering (IPO) shares to individual investors. This allocation is at least three times the typical retail share of an IPO.

The sources said this structure aims to leverage Musk’s fan base and loyal supporters to help stabilize the stock’s performance after listing. This approach differs from standard Wall Street practices, and SpaceX’s IPO is expected to be one of the most watched in recent years.

People familiar with the structure said Musk’s plan reflects his determination to influence SpaceX’s shareholder composition and trading behavior post-IPO. Due to the confidential nature of the process, these individuals requested anonymity.

Sources also said that SpaceX CFO Brett Johnson has communicated the plan to Wall Street.

As part of this effort, Musk has chosen Bank of America to handle the domestic retail distribution.

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