Elon Musk has long courted retail investors, and he’s giving them a chance to buy SpaceX stock when the company issues shares for the initial public offering.
The rocket and satellite company plans to raise at least $75 billion in its IPO by selling over 555 million shares at $135 apiece, valuing the company at more than $1.75 trillion. If underwriters exercise options for additional allotments to meet high demand, proceeds could grow to $85.7 billion.
