It’s being billed as the biggest stock market launch in history. Shares in Elon Musk’s SpaceX are poised to be released on 12 June with a valuation of $135 (£100.84). The company plans to sell 555.6m of them, which means it will raise $75bn from the sale.
On Friday, it was reported that up to a quarter of the shares could be reserved for individual investors, rather than funds and banks. This is a bigger share than is typically the case in a large initial public offering (IPO).
