SpaceX IPO: how can I buy shares, and what are the risks?
Elon Musk firm plans the biggest stock market launch in history – but experts have flagged potential downsidesIt’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.
SpaceX IPO: how can I buy shares, and what are the risks?
Overview
Elon Musk firm plans the biggest stock market launch in history – but experts have flagged potential downsides
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.
Details
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).
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Originally published at www.theguardian.com.
