Elon Musk is preparing SpaceX for a potential IPO that could value the company at nearly $1.75 trillion. Musk stated that he plans to allocate 30% of SpaceX shares to retail investors - significantly more than the usual 5-10%.
The SpaceX IPO could reach a valuation of $1.75 trillion
Musk plans to allocate 30% of shares to retail investors
Ambitions on Mars give symbolic value that goes beyond traditional investment appeal.
According to Cryptopolitan, the idea of allocating 30% of shares to retail investors was voiced by SpaceX CFO Bret Johnsen, who explained to Wall Street how the deal could be structured. Although the plan is still in development and may change, Musk hopes to generate significant interest from individual investors who have long followed his ventures and SpaceX's achievements.$TSLA
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