business / news / / The Hindu Business Line
SpaceX outlined details of its highly anticipated IPO at a meeting with its team of bankers Monday night.
SpaceX plans to allocate a large portion of IPO shares specifically for retail investors.
KEY POINTS
- SpaceX will host 1,500 retail investors at a special event following the IPO roadshow.
- The company aims for the largest retail investor participation in IPO history, per CFO Bret Johnsen.
- SpaceX's IPO is expected to raise $75 billion, targeting a valuation up to $1.75 trillion.
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