IPO | SpaceX retail subscription ratio reportedly increases to 30%. Musk is organizing an extraordinary promotional event.

【AI/IPO/Musk/IPO/Valuation】The world’s richest person, Elon Musk, has significantly increased the retail subscription quota for SpaceX’s initial public offering (IPO). Reuters cited informed sources stating that the allocation of shares will rise to as much as 30% to attract Musk’s “loyal fans,” which is a notable increase compared to the usual public offering portion of 5% to 10% for regular companies.

Additionally, according to Bloomberg, SpaceX is informing potential IPO investors that the company’s executives will hold a briefing in April, while the advisory team is intensifying preparations to submit the listing documents. The report also indicated that an investor meeting would be held a few weeks after the Easter holiday to “gauge interest,” with the briefing potentially providing more details to support its valuation targets.

Inviting Investors to Visit SpaceX

The Wall Street Journal reported that Musk is planning an unconventional IPO presentation for SpaceX, with the offering scheduled for mid-June, just before his birthday. While most company executives travel around to meet investors during an IPO roadshow, Musk is inviting investors to visit SpaceX, tour the production facilities, and even possibly watch a rocket launch on-site. Musk and his team are betting that fund managers and analysts will be eager to “place bets” after the visit.

Earlier reports indicated that SpaceX might submit its IPO application to the U.S. Securities and Exchange Commission (SEC) as early as this week, with plans to go public in June, raising up to $75 billion, and aiming for a valuation exceeding $1.75 trillion, which would make it the largest IPO in history.