SpaceX IPO: Can Indian investors buy stake in Elon Musk's company in $75 billion public issue
New Delhi, June 9 -- Elon Musk-led rocket and aerospace company, SpaceX, is expected to debut on the Nasdaq on 12 June under the ticker symbol SPCX, with shares reportedly priced at $135 each, valuing the company at around $1.77 trillion.
Reports indicate that the company plans to offer approximately 555.6 million shares, aiming to raise nearly $75 billion through what could become one of the largest public offerings in history.
Reports further suggest that SpaceX is allocating an unusually large portion of the offering to retail investors. As much as 25% of the IPO shares could be reserved for individual investors, while up to 30% of the offering, valued at roughly $22.5 billion, may be earmarked for retail participation-significantly ...
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