SpaceX announces the largest IPO plan in history and a “reward” for small investors
Company revealed "SpaceX" For details presented For the public offering, indicating that a large share of the shares will be allocated to individual investors, and about 1,500 of them will be hosted in an event to be held next June, following the launch of the IPO promotion round, according to what informed sources told the agency. "Reuters"
The financial director said "SpaceX"Brett Johnson, during a virtual meeting on Monday: "Individual investors will have a pivotal role in this IPO, greater than any previous IPO in history"
Johnson explained that allocating a large share to individual investors is intentional, as… "These are people who have provided us and Elon Musk with great support over a long period, and we want to ensure we value that support.".
And it was "Reuters" It was reported last month that "SpaceX" It is in the process of reformulating the IPO strategy by allocating a large share to individual investors.
It is expected that the IPO will be "SpaceX" The largest initial public offering ever, Elon Musk, wants to allocate up to 30% of the company’s shares to small investors, compared to a rate ranging between 5% and 10% for most companies.
She indicated "Reuters" To appoint banks "Morgan Stanley"and"Bank of America"and"Citigroup"and"JP Morgan"and"Goldman Sachs"managers of the historical offering, along with 16 other banks in junior roles spanning institutional and retail channels.
The $1.75 trillion target represents a significant increase from the $1.25 trillion combined valuation set when SpaceX merged with… "xai" Musk’s artificial intelligence startup last February.
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