SpaceX IPO Details
Elon Musk’s SpaceX is seeking to raise $75 billion in what could be the largest initial public offering (IPO) in history, with a targeted valuation between $1.75 trillion and $2 trillion. The company submitted a confidential filing to the SEC on April 1, 2023, initiating the IPO process.
Key dates include the expected filing of the registration statement (S-1) between May 15 and May 22, a marketing roadshow set to begin during the week of June 8, and an Investor Day planned for June 11, where around 1,500 retail investors are anticipated. The IPO is projected to debut between June 18 and June 30, 2023.
SpaceX plans to allocate up to 30% of its shares for retail investors, significantly higher than typical IPO offerings, with a lockup period for insiders ending between December 15 and December 27, 2023.
