Musk’s SpaceX courts retail investors as it aims for record-breaking stock market flotation
SpaceX will kick off the marketing for its highly anticipated stock exchange debut by hosting an event in June for 1,500 retail investors, as executives set out to convince buyers that the aerospace to artificial intelligence group should be valued at $2tn. In an unusual move, the company has earmarked a large portion of its shares – potentially up to 30% – for non-professional, non-institutional investors, banking on the popularity of its chief executive, Elon Musk, to help it raise $75bn (about £56bn) in what…
SpaceX is opening its planned $75bn public offering to non-professional investors, earmarking up to 30% of shares for retail buyers in the UK, EU, Australia, Canada, Japan and Korea.
Public valuation is constrained because only revenue figures are available, not detailed profit information, and the space-based datacentre pivot remains unproven.
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- JournalismThe Guardian2026-04-07
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Truvace Impact Record TRV-2026-0239, v1: “Musk’s SpaceX courts retail investors as it aims for record-breaking stock market flotation.” Truvace, 2026-07-17. /record/TRV-2026-0239 (accessed at citation time). sha256 b54bc85cb8b938f9…
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