SpaceX outlined plans for its upcoming IPO, saying it will allocate an unusually large portion of shares to retail investors.
The company’s CFO said retail participation will be a major focus, reflecting long-term support from everyday investors.
SpaceX plans to host thousands of retail investors at events in June as part of its IPO roadshow.
The offering is expected to raise about $75 billion and could value the company at up to $1.75 trillion, CNBC has reported.
Major banks are leading the deal, with the structure and final allocation still to be finalized before the IPO launch.
