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SpaceX outlined details of its highly anticipated IPO at a meeting with its team of bankers Monday night.
SpaceX plans to allocate a record-large portion of IPO shares to retail investors.
KEY POINTS
- 1,500 retail investors will be hosted at a special event after the IPO roadshow launch.
- Retail investors from the US, UK, EU, Australia, Canada, Japan, and Korea can participate.
- The IPO prospectus is expected to be made public in late May.
- SpaceX may allocate up to 30% of shares to retail, far above the typical 5-10%.
COMPANIES
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