Svmuu News SpaceX is preparing for its initial public offering (IPO), with investor communication meetings led by company executives expected to commence after Easter. The company may file a confidential IPO application as early as this month. This IPO could raise up to $75 billion, with a potential company valuation reaching $1.75 trillion, positioning it to potentially become the largest IPO in history.
Regarding the allocation structure, Musk is considering allocating up to 30% of the shares to retail investors, significantly higher than the traditional IPO range of 5% to 10%, aiming to enhance post-listing stock price stability. Reports indicate that the company has assigned different client and regional distribution responsibilities to the underwriting banks. The specific timing and scale of the IPO have not yet been finalized. (Reuters)