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business/news//The Economic Times
SpaceX outlined details of its highly anticipated IPO at a meeting with its team of bankers Monday night.
SpaceX plans to allocate a record portion of IPO shares to retail investors globally.
KEY POINTS
The company will host 1,500 retail investors at a major event following the IPO roadshow.
SpaceX's IPO could value the company at up to $1.75 trillion, post-xAI merger.
The IPO prospectus is expected to be made public in late May 2024.