Musk revamps IPO strategy with major SpaceX stake for retail investors — source
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Source: The Manila Times
Published: 2026-03-27 06:23 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Economy & Finance, Financial Markets, Business & Economy
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Snippet:
NEW YORK- Elon Musk is discussing allocating as much as 30% of SpaceX’s initial public offering to individual investors — at least three times the usual retail slice — leaning on his rabid fan base and other loyal backers to help steady the stock after its debut, a person familiar with the matter said.
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