Elon Musk is considering allocating 30% of shares to retail investors in the SpaceX IPO, significantly higher than the traditional proportion. This move aims to leverage the fan base to stabilize demand after the listing. The IPO is expected to be valued at $75 billion, with plans to kick off the roadshow in 2026. Meanwhile, SpaceX is making management adjustments to optimize costs, attract long-term investors, and reduce trading volatility risk. This strategy could influence the listing models of future tech companies.

Gate News reports that on March 27, The Information stated that SpaceX plans to submit an IPO application as early as this week, with market sources indicating they aim to raise up to $75 billion in the IPO. Additionally, sources familiar with the matter revealed that Elon Musk's X company is undergoing layoffs and restructuring, but specific details have not been disclosed.

BlockBeats News, March 27 — According to The Wall Street Journal, sources say that SpaceX's IPO is expected to raise between $40 billion and $80 billion. SpaceX is considering offering preferential treatment to investors from other companies owned by Elon Musk in the stock offering.

ARK Invest Digital Asset Research Director Lorenzo Valente pointed out that the importance of Elon Musk recruiting former crypto wallet founder Benji Taylor as the chief designer for the X platform may be underestimated. His background could bring new directions for X, including wallets and on-chain payments.

Gate News reports that on March 26, Elon Musk's X platform lost a lawsuit alleging that advertisers boycotted the platform.

BlockBeats News, March 26 — According to market reports, Elon Musk's X platform (formerly Twitter) lost a lawsuit alleging that advertisers boycotted the platform.

Co-founder of xAI, Manuel Kroiss, will be leaving, meaning 10 out of the original 11 founders have departed. Elon Musk admitted that xAI lags behind competitors in programming skills and said a restructuring is underway. The reorganization occurred after SpaceX acquired xAI, with expectations that SpaceX will file for an IPO valued at $1.5 trillion.

In March 2026, Elon Musk's social platform X appointed Benji Taylor as the new Head of Design. The market widely believes this move will promote the integration of crypto features and upgrade the payment system on X. Taylor's extensive experience suggests that X will accelerate its digital asset strategy. Currently, X's payment product "X Money" is in the testing phase and may soon incorporate crypto wallets and stablecoin payments. This change could reshape the boundaries between Web2 and Web3.

X Product Lead Nikita Bier announces that the Grok algorithm will be fully launched next week, marking a major transformation for the X platform. The new algorithm, "Phoenix," will use a completely new end-to-end learning approach aimed at enhancing user experience. Additionally, Elon Musk stated that the current algorithm needs improvement and emphasized the transparency of open-source code, which other social platforms have not attempted.

BlockBeats news: On March 26, former Base design lead Benji Taylor announced that he has joined the X platform and will lead the design team, looking forward to working closely with Elon Musk, Nikita Bier, and other team members.