business / news / / The Economic Times
Elon Musk’s rocket company SpaceX is preparing to rewrite the rules of public listings.
SpaceX plans to allocate up to 30% of its IPO shares to retail investors.
KEY POINTS
- The company aims to raise $75 billion at a $1.75 trillion valuation in its IPO.
- SpaceX will host a dedicated event for around 1,500 retail investors in June.
- The IPO prospectus is expected to be released by late May with detailed disclosures.
COMPANIES
Summarized by Newsio from The Economic Times. How we summarize →