BroadChain has learned from a Reuters report dated March 27 that SpaceX, the aerospace company founded by Elon Musk, is accelerating preparations for its initial public offering (IPO). According to the report, SpaceX executives are expected to begin investor roadshows following the Easter holiday, with a confidential IPO filing possible as early as this month.
The offering could raise up to $75 billion, potentially valuing the company at approximately $1.75 trillion. If realized, this would mark the largest IPO in history.
In a notable departure from traditional IPO structures, Musk is reportedly considering allocating up to 30% of the shares to retail investors. This figure significantly exceeds the typical retail allocation range of 5% to 10%, a strategy intended to bolster stock price stability after the listing.
SpaceX has reportedly designated specific underwriting banks with distinct client and regional responsibilities. However, the final timing and scale of the IPO have yet to be confirmed.